what is PCI what are the limitation of PC
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Answered by
2
per capita income is the average income of the country
limitation
1.I do not tell about the distribution of the incoming among the people of the country
2. it is calculated in Dollars and each country have a ratio between its currency and also it is very difficult to manage it
limitation
1.I do not tell about the distribution of the incoming among the people of the country
2. it is calculated in Dollars and each country have a ratio between its currency and also it is very difficult to manage it
Answered by
0
Pci stands for per capita income
It means total value of goods and services produced divided by total population .
Limitations
1)it ignores factors like Imf ,health etc
2)it does not give base for comparison
Hope this helps u
It means total value of goods and services produced divided by total population .
Limitations
1)it ignores factors like Imf ,health etc
2)it does not give base for comparison
Hope this helps u
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