Social Sciences, asked by adityamishram18, 9 months ago

write difference between average income and per capita income​

Answers

Answered by jiya551400
0

Answer:

Per capita income (PCI) measures theaverage income earned per person in a given area (city, region, country, etc.) ... It iscalculated by dividing the area's total incomeby its total population. Average income is any statistic that describes how much money an individual, family, or household makes.

Explanation:

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Answered by Anonymous
3

Answer---

Per capita income (PCI) measures the average income earned per 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.

Average income is any statistic

that describes how much money an

individual, family, or household

makes.

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