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Absolute Income Gap
This term typically refers to the difference in absolute income levels between individuals, groups, or countries.
Per Capita Incomes
Refers to the average income earned per person in a given area (e.g., city, region, country) in a specified year.
Absolute Income Gap
The difference in total income or earnings between individuals, households, or countries, measured without adjusting for living costs or other factors.
Real Income Per Capita
The average income per person in a country, adjusted for inflation, which reflects the purchasing power and economic well-being of the population.
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