Question

suppose record show that the average income in a country has been increasing over period of time .from this can we conclude that all sections of the economy have become better ? llustrate your answer with an example​

Answer 1

Answer:

No , if average income of the country is being increasing then it doesn't mean that all the section of economy is improving. for ex see the attachment of comparing two country , both the country have almost same average income but in country A income is equally distributed where as in country B only one person has major share.

which mean in country A all section are improving but same has not happened in country B.

Hope it helps u

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