Why total income is not a useful measure to compare two countries ?
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It is a useful measure to compare two countries but its not an exact answer,its an approxiamte measure.
To compare two countries u have to divide
The total income÷the total population of the country.
To compare two countries u have to divide
The total income÷the total population of the country.
Answered by
1
HI
⭐️ Average income is taken into consideration while making comparisons between countries.
▶️As different countries have different populations, comparing total income does not tell us what an average person is likely to earn.
▶️Hence, total income is not a useful measure for comparing the development of different countries.
Hope it proved to be beneficial....
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