why per capita income is superior than national income
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Answer: Greater the income, higher the standard of living of people, and lower the incidence of poverty and inequality. The only thing that has to be taken into account is that the growth rate of per capita income should exceed the country's population growth—to have more growth and development
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Hey Mate !
Greater the income, higher the standard of living of people, and lower the incidence of poverty and inequality. The only thing that has to be taken into account is that the growth rate of per capita income should exceed the country's population growth—to have more growth and development.
Hope it helps u !
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