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Per Capita Income is not the real indicator
by Rocky on Aug 10, 2006 07:38 PM   Permalink

Statistical Mode of the individual incomes in the country is a more correct indicator of economic prosperity(or otherwise)than the per capita incomes.

Per Capita income can be very skewed as some people earning huge amounts average out for the lesser earning people.

Isn't that correct?

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India per capita income: Rs 23K