Question

for comparing countries their income is considered to be one of the most important attributes. justify

Answer 1

While comparing countries, one of the parameters is the average income of a tax payer in the country.

It is taken into consideration because it reveals the living standards the citizens. And in turn it reflects the growth and development of a country.

Also a rough estimate can be taken out so as how much money does the citizen spend and save, which is crucial for the budget formulation of the country.