differentiate between national in come and per capita income point by point
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income of all people in country is called national income.
average income that a citizen of a country earns per year.
per capita income = national income / population
average income that a citizen of a country earns per year.
per capita income = national income / population
revathilingannagari:
total value of goods and services produced in a country in an year is also called as national income
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