how per capita income is calculated in US dollars
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Answer. The Per Capita Income is calculated in the US dollars because US dollar is considered as the medium of international exchange. It is accepted as method of payment across the world.
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Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.
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