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What are the advantages and disadvantages of average income

Answer» Thanku
Per capita income or average incomeIt is measures the average income earned per person in given area (city, region, country, etc) in a specific year. it is calculated by dividing the area\'s total income by its total population.Disadvantages of average income1). average income doesn\'t describes conditions of country\'s people really.2).It doesn\'t all the conditions which are to be fulfilled being a developed country.3).Per capita income decreases the role of rich and poor because it show all the people equal.\xa0


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