Distinguish between national income and per capita income in points
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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 incomeof an average person in that country.
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here is u r answer dude...
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national income : the total amount earn in one year is known as national income.
per capita income:the total amount of earn in one year in whole country divide by total population..
it is known as...
ok..
help u..
.....
national income : the total amount earn in one year is known as national income.
per capita income:the total amount of earn in one year in whole country divide by total population..
it is known as...
ok..
help u..
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