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explain term average income and national …

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explain term average income and national income

    • Posted by Saif Siddiqui 3 years, 2 months ago

    CBSE > Class 10 > Social Science
    • 3 answers

    Rachit _Rohilla_Rajput 3 years, 2 months ago

    Average income is the per capita income. It is calculated by dividing the total income of the country by its total population. National income is the sum total of all the goods & services produced in a country along with the income obtained from the foreign countries.

    0Thank You

    Swara Gabhane 3 years, 2 months ago

    National income means the total value of all the goods and services produced within a country plus net income coming from abroad.

    1Thank You

    Swara Gabhane 3 years, 2 months ago

    Average Income means the total income of the country divided by total population of the country

    1Thank You

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