what is per capita income how is it calculated why is per capita income not an advocate indicator of economic development of a country explain
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per capita income can be calculated as the national income divided by the total population of the country
it is not an advocate indicator because it doesn't tell about the distribution of income
it is not an advocate indicator because it doesn't tell about the distribution of income
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It is a measurement in comparing the status of the country
Per capita = Total income of the country ÷ Total population
Because it do not give full measurement.
For this we use HDI
Per capita = Total income of the country ÷ Total population
Because it do not give full measurement.
For this we use HDI
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