it doesnt maybe
average income of a country = total income of the country÷ population of the country
Net annual average income in France is 20,440 Euros (2004).
Average Propensity to Consume = Total Consumption divided by Total income
$20,000-25,000.
20,000-25,000
21000
The income that is not used for consumption is called disposable income
the difference between income and consumption
Average per capita income is income per head of a country i.e. real GDP/Population .
the fraction of total disposable income that households spend on consumption
The average income in Paris is 36,085 pounds. This is about $67,081 US dollars. Paris has a higher income than the rest of France.
29.696 Euro 29.696 Euros