Economy, asked by vanitsinghsoul, 11 months ago

Diffrence between national income and average income

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Answered by Anonymous
1

Answer:

National Income : Is the total value a country's final output of all new goods and services produced in one year. Per capita Income : When the total National Income is divided by the total population,It is called Per capita Imcome.It is the average income of an average person in that country.

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