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Per Capita Income

refers to the...

Question

___________ refers to the amount of money or income earned per person in a region or state.

A

Per capita income

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B

National income

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C

Gross domestic product

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D

Gross domestic income

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Solution

The correct option is A Per capita income
Per capita income refers to the amount of money or income earned per person in a region or state. Per capita income is obtained by dividing the total income of a country by its population. It is also referred to as average income.

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