Write advantage and disadvantage of Per capital income
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This is used to compare the wealth of one population with those of the others. Demerits of Per Capita Income :- Following are the demerits of per capita income. ... It is just a mean value so, it does not reflect the income distribution. 2) It does not reflect the living standard of the people of a specific area.
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This is used to compare the wealth of one population with those of the others. Demerits of Per Capita Income :- Following are the demerits of per capita income. ... It is just a mean value so, it does not reflect the income distribution. 2) It does not reflect the living standard of the people of a specific area.
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