Question

10.What is national income?​

Answer 1

Answer:

National income means the value of goods and services produced by a country during a financial year.

Explanation:

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Answer 2

Answer:

national income is a total amount of goods and services produced within the nation during the given period say, 1 year. it is the total of factor income. ex: wages, interest, rent, profit, received by factors of production ex: labour, capital, land and entrepreneurship of a nation.