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Q.

Choose given statement True/False


Income is regarded as one of the key characteristics of contrasting nations.


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a

True

b

False 

answer is B.

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Detailed Solution

The above statement  is true.
Income is regarded as one of the key characteristics of contrasting nations. The average income is a helpful metric because populations in various countries vary.
The average income, often known as "per capita income," is calculated by dividing the nation's total income by its population. Average income can be compared, but it also obscures inequalities.
It might not show how income is dispersed among people or the growing disparity between the very rich and the very poor.
 
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