The per capita income of the country is calculated on the basic of
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Answer:
per captia income is caluclated on the basis of total income of the country divided by total population
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Explanation:
the per capital income is calculated in the basis of total income of the country divided by it's total population.
For example-
india's total income in 2013-14=114060650000000.00Rs.
total population=1,252,000,000
hence, our per capital income at the year 2013-14 = 91102.75Rs.
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