Respuesta :
Answer:
Per Capita Income (PCI):
The average income of the people living in the country is the per capita income.
A rise in PCI is an important indicator of economic development
The rise in PCI indicates economic welfare of the country
Per Capita Consumption (PCC):
The increase in consumption of goods and services by the people is measured in PCC.
Example clothing, food, education, health etc
GDP:-
- Gross domestic product is the factor that defines the total outcome
GDP growth rate
- This defines how fast the economy is running
PCI
Per capita income defines the rate of change in lifestyle