Why is total income not useful to measure for comparison between two countries? Explain with reasons
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total income by itself is not a complete indicator of a nation's development... Although it is considered to be one of the most important indicator for comparison, it hides the disparities. It doesn't show how the income is distributed among the different sections of the society.
mrkuchhal:
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It is because population is different . Total income doesnot says what an average income earned by people
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