The average income of the country is?
APer capita income
BDisposable income
CInflation rate
DReal national income
APer capita income
BDisposable income
CInflation rate
DReal national income
Related Questions:
As a development indicator, list out the limitations of per capita income.
i.Per capita income is an average income.
ii.It ignores factors like education, availability of nutritious food and health care facilities that improve the quality of living.
iii.It does not take into account social welfare and the equitable distribution of income.
iv.It cannot be claimed that improvement in the quality of living has been attained if the rich-poor disparity persists.