Economy, asked by vinit6845, 1 year ago

how is comparison with the help of average income is beneficial

Answers

Answered by Nandithas
1
hey mate...



* average income helps us to know what an individual of that country is likely to earn over a period of time usually 1 year.

* average income is obtained by dividing the national income of the country by the population.

average income also helps in the comparison of development of countries by taking the Development of the people.
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