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What Is Median Income? Why Is It a Better Measurement

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What is median income? Why is it a better measurement of living standards than per capita output?


Definitions:

Turgor

Normal fullness and elasticity.

Objective

A specific and measurable goal or target that is planned to be achieved.

Signs

Objective indications of a condition or disease that can be observed or measured by a healthcare provider, as opposed to symptoms, which are subjective and reported by the patient.

Pediatric Unit

A specialized hospital department focused on the medical care of infants, children, and adolescents.

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