Question

Explain the term average income and national income....#FOLLoW Me...✔️✔️✔️​

Answer 1

Answer:

average income is the per capita income. it us calculated by dividing the total income of the country by its total population. national income is the sum total of all the goods and services produced in a country along with the income obtained from the foreign countries

Explanation:

hope you understand

Answer 2

HEY,

• Average income is the per capita income. It is calculated by dividing the total income of the country by its total population. 
• National income is the sum total of all the goods & services produced in a country along with the income obtained from the foreign countries. 

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