Question

Which of the following information is not correct in relation to Per capita income?
(1) It is also known as average income.
(2) Per capita income is the total income of the country divided by its total population.
(3) Per capita income is not a good indicator of economic development as compare to
national income.
(4) Average income shows per capita income that is the average income of a citizen. It
gives an edge over counting total income.

Answer 1

Answer:

option 3 is the correct answer of this question