what is disadvantages of average income
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The rise in per capita income is due to rise in prices. Increase in physical output as no contribution, therefore, it is not a reliable index of economic development. The rich becomes richer and the poor becomes poorer because of the distribution of the per capita.
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Answer:
Disadvantages of average income is that you don't have financial freedom.
You can't afford an expensive lifestyle.
Average income earners sometimes face humiliation in front of upper middle class of wealthy people.
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