Economy, asked by Iamthalapathyfan, 5 months ago

Write a short per captia income​

Answers

Answered by tanvi1307
1

Answer:

Per capita income (PCI) oraverage income measures the average income earnedper person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size.

Explanation:

The term can also be used for expenditure. Forexample, if the government spends $100 million in one year on road maintenance, and the country's population is 10 million, expenditure per capita on road maintenance is: 100,000,000 (expenditure on roads) ÷ 10,000,000 (population) = $10.

Answered by universelover01
0

Answer:

PER CAPITA INCOME

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population. Per capita income for a nation is calculated by dividing the country's national income by its population.

HOPE THIS WILL HELP YOU!

Similar questions