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Show Per Capita And Real Income Figures recently released by the Department of Commerce indicate in-dicate that the per capita income of individuals in the United States in 1938 amounted to $515 for the nation as a whole. It is interesting to note that the average per capita income 1 moved from $376 in 1933 to $515 in 1938, and that this figure compares com-pares with $679 in 1929. It should not be forgotten, however, how-ever, that income, measured in dollars does not always represent the real income of individuals, j This depends upon the buying ' power of the dollars received. If dollar income moves upward but prices increase faster, then an increase in-crease in dollar income does not mean an increase in real income. Likewise, if dollar income declines, de-clines, but prices drop faster, the real income or buying power of the individual increases. |