Question

Why average income or per capita income has disadvantages ?

Answer 1

Explanation:

Critics often cite the following drawbacks to the use of per capita income: ... It is a mean value and does not reflect income distribution. If a country's income distribution is skewed, a small wealthy class can increase per capita income substantially while the majority of the population has no change in income.

Answer 2

Answer:

Critics. Critics often cite the following drawbacks to the use of per capita income: ... It is a mean value and does not reflect income distribution. If a country's income distribution is skewed, a small wealthy class can increase per capita income substantially while the majority of the population has no change in income.

Explanation:

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