Question

define national income​

Answer 1

Answer:

the total amount of money earned within a country. The total amount of income accruing to a country from economic activities in a financial year's time is known as national income. It includes payments made to all resources in the form of wages, interest, rent and profits. This is the true net annual income or revenue of the country or national dividend. .

Explanation:

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Answer 2

Answer:

The National Income is the total amount of income accruing to a country from economic activities in a years time. It includes payments made to all resources either in the form of wages, interest, rent, and profits. The progress of a country can be determined by the growth of the national income of the country.

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