97.1k views
5 votes
What is per capita income

User TotPeRo
by
8.2k points

2 Answers

4 votes

Answer: It is the average annual income of a person

User Tubstrr
by
6.9k points
2 votes

Answer:

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.

Explanation: Hope it is helpful

User Julien Schmidt
by
7.5k points