Mention the importance of average income
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1) Average income helps us to find the development levels of various countries.
2) It is also known as per- capita income.
3) It is a tool used by world bank to measure the development of a country
4) But, it also hides disparities between the income levels of different people.
2) It is also known as per- capita income.
3) It is a tool used by world bank to measure the development of a country
4) But, it also hides disparities between the income levels of different people.
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Answer:
Explanation:
Average income helps us to find the development levels of various countries.
2) It is also known as per- capita income.
3) It is a tool used by world bank to measure the development of a country
4) But, it also hides disparities between the income levels of different people.
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