What is the meaning of pre capital income
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it is used by the world bank in classifying different countries income
it is calculated as the total income of the country by total population of country
it is otherwise called as average incomaverageiides disparties
it doesnt tell us how the income is distributed among the people
it is calculated as the total income of the country by total population of country
it is otherwise called as average incomaverageiides disparties
it doesnt tell us how the income is distributed among the people
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firstly it should be per capita income.!!
So, per capital income can be defiined as average income of the country which is calculated by dividing total income of the country by its population.
It is a criteria set up world bank to compare different countries on the basis of income.
So, per capital income can be defiined as average income of the country which is calculated by dividing total income of the country by its population.
It is a criteria set up world bank to compare different countries on the basis of income.
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