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Class 10 > Is Average income and per capita income are same?
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Is Average income and per capita income are same?

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+1 Social science

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Math Tutor

yes I think so
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Tutor

yes, Per capita income 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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Experienced Mathematics com ECE Educator

Yes, Both are same.Per capita income or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year
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play with maths

yes both are same
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Economics Expertie

yes the average income or per capita income are same as the average income is said to be the average income earned by per person in country
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Maths Teacher

Per capita income 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. Hence they both are same.
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Inspiring Teenage Teacher

yes they are the same
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Software Engineer

Yup
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Data Scientist

Yes,Income per capita is a measure of the amount of money earned per person in a certain area. It 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...
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Yes,Income per capita is a measure of the amount of money earned per person in a certain area. It 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. read less
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