Question

why should there be an increase in per capita income every year ?

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Answer 1

Answer:

Per capita income is a measure of the amount of income earned per person ... a survey of income per capita every ten years and revises its estimates ... the next year, it would register as a 10% increase in annual income for ... It's important to consider that per capita income is only one metric and should be ...

Explanation:

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Answer 2

Answer:

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. Per capita income for a nation is calculated by dividing the country's national income by its population.

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