Economy, asked by ishikag2020, 1 month ago

why we use average income to compare the development of the country? Are there any limitation?

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Answered by yos192010
0

Answer:

The use of average is to compare income because it makes comparison between countries of different sizes easily. It removes that toughness or any kind of difficulty which is faced during calculation of per capita income. It hides the differences in the distribution of income which is its limitation.

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