what is per capita income? can it be regarded as the soul indicator of economic development of a country?
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- per capita income
- average income of population of each person
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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.Nov 10, 2020
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