Economy, asked by kritika67911, 1 year ago

What is national income why is it not useful in comparing the levels of development of different countries?

Answers

Answered by Anonymous
4
Heya...

National income is the sum total of factor income earned by Normal residents of a country...

It is not useful for measure country's development because...

* It doesn't show the consistency of GDP growth...

* It doesn't show the per capita income of a nation...

* It doesn't show the social growth of a country..
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