On the basis of the given table answer the following questions 3 marks COMPARISO...........

Economics Chapter - 1

On the basis of the given table answer the following questions : (3 marks)

COMPARISON OF TWO COUNTRIES

Country		Monthly Income of Citizens in 2007 (in Rupees)
Country	I	II	HI	IV	V	Average
Country A	9,500	10,500	9,800	10,000	10,200
Country B	500	500	500	500	48,000

(a) Calculate the average income of country A and B

(b) Are both the countries equally developed ?

Note : For the sake of simplicity it is asumed that there are five citizens in each country.

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