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What is average income or capital income |
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Answer» Average Income/ Per Capita Income measures the money earned or unearned\xa0[average income] per person in an given area [city,region,country,etc] in a specified year. It is calculated by dividing the total income of a country by its total population. Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area\'s total income by its total population. |
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