the economic indicator that shows an approximate average income is:

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08-07-2024
Social Studies

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the economic indicator that shows an approximate average income is:

Sagot :

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Sairahashmi325idn Sairahashmi325idn · Answer 1 · 2024-07-08T10:21:27-04:00

Answer:

The economic indicator that shows an approximate average income is GDP per capita.

Explanation:

Gross Domestic Product (GDP) per capita is calculated by dividing the GDP of a country by its population. It represents the average income per person in a country and is used as an indicator of the standard of living and economic well-being of its residents.

GDP per capita=GDP/Population

GDP per capita provides a useful measure for comparing the economic performance and living standards across different countries or regions.

Sagot :

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