Question
What is meant by the average income?

Answer

The average income is the total income of a country divided by its total population. It is also called per capita income.$\text{Per capital Income}=\frac{\text{Total income of a country}}{\text{Total population of that country} }$

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free