how do we collect classify the country on the basis of their per capita income
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Answer:
Per capita income-a nation's growth Per capita income is national income divided by population size. Per capita income is often used to measure a sector's average income and compare the wealth of different populations.
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Explanation:
Classifying countries by income. ... When it comes to income , the World Bank divides the world's economies into four income groups: high, upper-middle, lower-middle, and low. The income classification is based on a measure of national income per person, or GNI per capita, calculated using the Atlas method.
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