Economy, asked by gourmaheshms7161, 1 year ago

Distingush between National income and par capita income

Answers

Answered by pranjal2004

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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