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Q: A country in which average income is typical for the world as a whole and in which people are as likely to live in rural area as in an urban area fit into which category?
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What is the formula of average income?

average income of a country = total income of the country÷ population of the country


Average family income?

The average family income varies from state to state and from country to country.


What is average income of a country?

The average income of a country depends with the country in question. The average income of the first world countries greatly varies when compared with those of the developing countries.


What is the approximate average income of typical buyers?

This is the income that the average consumer will be able to purchase. This is not the money that is available for just your product.


What is the approximate average income of a typical buyer?

This is the income that the average consumer will be able to purchase. This is not the money that is available for just your product.


What is national income and per capita income?

National income- total income of the country Per capita income- average income of the country


What is the typical income of a gay person?

average incomes aren't different for gay people.


What is one typical reason why the poorest country is poor?

The country has little income (oil, etc) and a large population.


What is the average per capita income?

Average per capita income is income per head of a country i.e. real GDP/Population .


What is meant by average income of a country?

If you add together all that every working citizen makes, then divide that by the number of citizens, then you have the average income (per person), for that country.


What is per capita income?

it is when the total national is divided by the populationit is number of incom whitch is divided equally among allWhen the total national income is divided by the total population, it is called per capita income.It is the average income of an average person in that country.For example:Let a country's average income be 5000$It doesn't mean that every person is earning 5000$ in that country. But on an average, the income of a person in that country is 5000$.Country with high per capita income is said to be developed.for example U.S.A.


How can you tell if a country is rich or poor?

GDP, Average household income, disposable income, how much debt the country is in, imports and exports...