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Question

Per capita income can be alternatively called as which of the following?

A
Total income
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B
Incremental income
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C
Average income
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D
Additional income
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Solution

The correct option is C Average income
Per capita income refers to the amount of money or income earned by per person in a country. It can be obtained by dividing the total income of the country by the its total population. Thus, it can be called as the average income of the country.

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