What is the per capital income?why is per capital income not and adequ – InterviewSolution

1.

What is the per capital income?why is per capital income not and adequate of a country? explain

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Explanation:

4Per Capita INCOME is not an adequate indicator of economic development for the following reasons : It is an AVERAGE amount of the TOTAL income which MEANS it can't show the actual income status of a country. It needs other criterion to judge the economic development like literacy RATE..

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