Economy, asked by naman370, 9 months ago

Explain advantages and disadvantages of per capita income

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Answered by 8010130609abc

1

Answer:

500 dollars of per capita income. Another drawback is that it doesn't include real wages like perks, free transportation, medical facilities, other non monetary benefits etc . Bureaucrats, MLA's & MP's are examples of it. Per capita income also doesn't take account of illegal income or black money .

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