Economy, asked by arfa32, 1 year ago

What is the difference between per capita income and the national income of the country????​

Answers

Answered by Amanshrivas
2

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.

hope it helps you

Answered by lucky997761
3

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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