A
measure of the amount of money that is being earned per person in a certain
area. Income per capita can apply to the average per-person income for a city,
region or country and is used as a means of evaluating the living conditions
and quality of life in different areas. It can be calculated for a country by
dividing the country's national income by its population.
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Sunday 25 October 2015
Definition of Income Per Capita
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