Which of the following is the most significant drawback of per capita income as an indicator of economic development?

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AIt does not consider the quality of goods and services produced.

BIt only measures the income of the richest segment of the population.

CIt fails to account for the distribution of income.

DIt does not reflect the environmental impact of economic activities.

Answer:

Per capita income is an average, so a high value can hide significant income inequality where a few people are wealthy while the majority are poor.

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