Economics
Besides size of per capita income, what other property of income is important in comparing two or more societies?
Development
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Answer
Besides size of per capita income, the other property of income that is important in comparing two or more societies is its distribution. The prosperity of a country depends not only on its total national income but also on how that income is distributed among its population. If the number of people sharing the income is large, the average income tends to be lower.
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