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Pick out the correct meaning listed below to define ‘average income’. -

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Question

Pick out the correct meaning listed below to define ‘average income’.

Options

  • The average income of the country means the total income of the country.

  • The average income in a country is the income of only employed people.

  • The average income is the same as per capita income.

  • The average income includes the value of property held.

MCQ

Solution

The average income is the same as per capita income.

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Comparison Between Different Countries Or States
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