Question

Read the given data and find out which country has most equitable distribution of income.
Countries Monthly Income of Citizens in four countries in 2018
Citizen I Citizen II Citizen III Citizen IV Citizen V Average
Country A 10500 11200 10800 11000 10700 10,840
Country B 600 5000 600 600 600 1,480
Country C 550 10500 400 7500 2000 4,190
Country D 800 4800 700 5000 750 2,410
a. Country A
b. Country B
c. Country C
d. Country D

Answer 1

Answer:

c ] country c

is correct answer

Answer 2

Considering the given data, we see different divisions of monthly incomes of 5 citizens in different countries.

Country A 10500 11200 10800 11000 10700 10,840

Country B 600 5000 600 600 600 1,480

Country C 550 10500 400 7500 2000 4,190

Country D 800 4800 700 5000 750 2,410

The country that has the most equitable distribution of income is Country A (Option a).

Equal division of monthly income increases the Gross National Income and living standards of the people and decreases discrimination. This eventually leads to overall development of the country.