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What are GDP and GDP per capíta? How are they different?

User PeaceFrog
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Answer:

Gdp is the total value if goods produced and services provided within a country s border. Pci is common indicator of development which shows average income status of people per year.

Step-by-step explanation:

pci = gni/ total population

gdp exclude foreign income but gni includes foreign income like remittance .

And pci alone doesn't represent the income status of particular person . Because it is average finding

User Jtht
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