Question

Why per capita income is not the best indicator of the level of economy?

Answer 1

Answer:

Heres your answer

Explanation:

Per capita income is not the best incidator of the level of economy because it hides various other factors such as socail diversity, literacy,health and distribution of society..It does not provide the exact model of the economy of the country..

Hope it helps!!

Answer 2

Per capita income is not measured as the best indicator of economy as

A) it hides disparaties

B)it does not consider standards of living