Per capita income shows the average income of citizens, giving a rough idea of a country’s economic well-being. However, it does not reveal income inequality, as a few wealthy people can raise the average even if most remain poor. Correct ...
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Per capita income shows the average income of citizens, giving a rough idea of a country’s economic well-being. However, it does not reveal income inequality, as a few wealthy people can raise the average even if most remain poor. Correct ...