Question

'only per capital income cannot reflects the true state of economic development'. justify.

Answer 1

Explanation:

The per capita income can not reflect the true state of economic development because if the income of a particular group have increased or have become rich and the income of other groups remain the same, it will reflect an increase in the per capita income.

Answer 2

Explanation:

The per capita income can not reflect the true state of economic development because if the income of a particular group have increased or have become rich and the income of other groups remain the same, it will reflect an increase in the per capita income.

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