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Development and growth - class-XI

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If the total income of the country is divided by the total population, then the obtained total average income of an individual is known as _______.

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A
Per capita income
💡 Explanation:

Per capita income is a measure of the amount of money earned per person in a certain area. It helps us address issues like the quality of life and the living conditions we can expect for specific areas.It can be calculated for a country by dividing the country's national income by its population.

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