what is per capita income.
usica666:
the average income earned per person in a given area in a specified year
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1
total income of a particular area divided by no. of people living in that area is known as per capita income
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3
1.Per Capita Income or Average Incomemeasures the average income earned per person in a given area (city, region, country, etc.) in a specified year.
2. calculated by dividing the area's total income by its total population.
2. calculated by dividing the area's total income by its total population.
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