Single Answer MCQ
Q-00015654
When comparing countries, why is it important to consider both average income and income distribution?
1
To understand cultural differences.
2
To evaluate economic systems.
3
To gain a comprehensive view of citizen welfare.
4
To simplify income categories.
Answer and Solution
Answer
C. To gain a comprehensive view of citizen welfare.
Solution:
Evaluating both average income and distribution helps assess overall welfare and quality of life, revealing a fuller picture of development.
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