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LiRa [457]
1 year ago
12

Why do you think average income is an important criterion for development explain.

Business
1 answer:
oee [108]1 year ago
7 0

Average income is important because it tells us the income of an average person and gives an idea about the rising standard of living of people.

Average income is basically income earned per person in a given area in a specific year. More income means more money to fulfill your needs and wants. It is believed that the prosperity of a country depends on it. Money is considered an important factor in the development of a country. If the average income of a country increases there are chances of an increase in the development of that country. If the average income is lower there are fewer chances of development.

A country with high average income is considered rich and low average income country is considered poor. The World Bank also uses the average income to measure the development of any country. Therefore average income is considered a very important criteria for development.

You can learn more about average income at

brainly.com/question/15046941

#SPJ4

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Answer:

<em><u>Mark me brianliest </u></em>

Explanation:

<h2>An endorsement may be a signature authorizing the legal transfer of a negotiable instrument between parties. It may also be an amendment to a contract or document, such as a life insurance policies or driver's license. A public declaration of support for a person, product, or service is also called an endorsement.</h2>
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Acme Supply Co. has a new project that will require the company to borrow $3,000,000. Acme has made an agreement with three lend
aleksley [76]

Answer:

WACC = 10(1,500,000/3,000,000) + 12(1,000,000/3,000,000) + 13(500,000/3,000,000)

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4 0
3 years ago
Outback Corp. recorded sales of $1,300,000 in 2010, in addition the company's accounts receivable balance grew from $120,000 at
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8 0
3 years ago
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liubo4ka [24]

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andrey2020 [161]

Answer:

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3 years ago
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