What is the difference between per capita income and the national income of the country????
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Answer:
Per capita income-a nation's growth
Per capita income is national income divided by population size. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is often used to measure a country's standard of living.
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Answer:
HERE IS YOUR ANS....
Explanation:
------ THE TOTAL INCOME OF A PER PERSON IN A FINANCIAL YEAR KNOWN AS PCI...
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WHERE AS ,THE TOTAL PRODUCTION WHICH TAKES PLACE IN A FINANCIAL YEAR IS CONSIDERED AS THE NATIONAL INCOME OF A COUNTRY...... (GDP)..
IT IS AVERAGE OF THE WHOLE INCOME OF EVERY PERSON...
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