Economy, asked by Aashika3103, 10 months ago

Why do we use 'Average Income' ?​

Answers

Answered by PiyushSinghRajput1
8

Average income of per capita income of a country is the GDP of that country divided by the population of that country. Average income is important because it is widely used as an indicator of the level of development of a country.


Aashika3103: thnxx
PiyushSinghRajput1: welcome ^_^
Aashika3103: hmm
Answered by twinkle919
3

Because it simply not possible to find out actual values so in that case averages are used..

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