Abstract

An essential component characterizing the well-being of any society is the cash income of the households of the given country. The cash income received by households serves as the basis for financing their consumption expenditures and shapes the financial capacity for food security of the society. The cash income of the society and the financing of consumption expenditures through it are an important characteristic of the standard of living for every nation. In this respect, the Republic of Armenia is not an exception.

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