Question

Distinguish between the total income of a country and it's per capita income?

Answer 1

Per Capita income=We compare the averages income which is the total income of the country divided by its population. The average income is also called per capita income. Total income = It is the income/money secured by an organism or a person. It is calculated for the purposes of calculating taxes.

Answer 2

Per Capita income=We compare the averages income which is the total income of the country divided by its population. The average income is also called per capita income. Total income=It is the income/money secured by an organism or a person. It is calculated for the purposes of calculating taxes.