Question

what is meant by per capita income​

Answer 1

Answer:

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Per capita is a term used in economic and statistical analysis that means per person. Per capita is used when comparing a certain economic metric to a population. The most common instances of per capita are gross domestic product (GDP) per capita and income per capita.

Answer 2

Explanation:

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population.

it is used to measure poverty