Define per capita income?
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The total income of a country divided by its total population is called per capita income.
Per Capita Income = Total Income ÷ Total Population
Per Capita Income = Total Income ÷ Total Population
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Answer:
Hey mate
Explanation:
Per capita income or average income measures the average income earned per person in a given area. In a specified year. It is calculated by dividing the area total income by total population...
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