Economy, asked by jaisleengrewal8060, 11 months ago

Why is per capita income considered to be an inadequate measurement of economic welfare?

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Answered by sanjaysharma61895

1

Answer:

Per capita income has certain limitations because of which it is an inadequate measure of economic welfare. It doesn't show disparities in the country . It only shows the averageof the income earned by the population . It doesn't tell us how theincome is distributed among the people .

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