Question

How is the average income of a country calculated ?

CBSE Class X Social Science VSA (1 Mark)

Answer 1

The average income of a country is calculated by dividing the total income of the country by its total population.

Answer 2

Answer:

Average Income:

It measures the Income of a country in a given specific year. It is also called Per capita income.

Average Income of the country = Total Income of the country / Total population of the country.

Hope it helps you.

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