Which one of the following is the correct meaning of ‘Average Income’?
A. The total income of the country is divided by its earning population.
B. The total income of the country is divided by its total population.
C. The total income of all the residents of the country.
D. The total income from domestic and foreign sources.
B. The total income of the country is divided by its total population.
Explanation:
Option B. "The total income of the country is divided by its total population" is the correct meaning of ‘Average Income’.
0 Comments