Question

If a State has higher per capita income, does it
mean that people in that state are wealthy and
have better standard of living?​

Answer 1

Answer:

yes the people live in the state are wealthy

Answer 2

Answer:

Not necessarily

Explanation:

average income is total population/total income

i)it gives us info regarding how much an average person in that country is likely to earn.

ii)however it hides disparities individual member may be contributing more than large no. of people contributing less.

iii)it also does not take into consideration education,gross enrollment ratio, life expectancy at birth.