Economy, asked by GTSgirlsband, 3 months ago

what are the demerits of averages PCI to be used as a measure to compare countries?​

Answers

Answered by Anonymous
2

Answer:

Critics often cite the following drawbacks to the use of per capita income:

Comparisons of per capita income over time need to consider inflation. ...

International comparisons can be distorted by cost of living differences not reflected in exchange rates. ...

It is a mean value and does not reflect income distribution.

Explanation:

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