how can we find per capital income from national income
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National income, thus, is a crude index of measuring development on the ground that it does not consider population growth of a country.
Capita income over a long period of time are suggestive of economic development. Greater the income, higher the standard of living of people, and lower the incidence of poverty and inequality.
Capita income over a long period of time are suggestive of economic development. Greater the income, higher the standard of living of people, and lower the incidence of poverty and inequality.
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