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Byju's Answer
Standard XII
Accountancy
Average Profit Method
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Question
What is a better measure to compare two countries income?
A
Average Income
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B
Total Income
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C
Gross Income
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D
None of these
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Solution
The correct option is
A
Average Income
Average income is a better measure to compare two countries income.
Per capita income is the main criterion used by the World Bank in classifying different countries.
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