Economy, asked by palakojha1654, 2 months ago

How can you say that comparing countries on the basis of per capital income is incomplete in nature?​

Answers

Answered by Anonymous
1

\huge\mathcal\color{olive}Answer-

Since per capita income uses the overall income of a population and divides it by the total number of people, it doesn't always provide an accurate representation of the standard of living. In other words, the data can be skewed, whereby it doesn't account for income inequality.

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