. Suppose records show that the average income in a country has been increasing
over a period. From this, can we conclude that all sections of the economy have
become better? Illustrate your answer with an example.
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Suppose records show that the average income in a country has been increasing over a period of time. From this, can we conclude that all sections of the economy have become better Illustrate your answer with an example. Answer: Increase in average income cannot be a guarantee of overall progress of the economy.
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