Economy, asked by iftikhar63, 9 months ago

Mention any one limation of percapita income as a indicator of development
​

Answers

Answered by Anonymous
2

Answer:

i) A rise in per capita income is due to rise in prices and not due to increase in physical output, it is not a reliable index of economic development. (ii) National income rises but its distribution makes the rich richer and the poor poorer.

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