Question

Define National Income?​

Answer 1

Explanation:

National income means the value of goods and services produced by a country during a financial year. Thus, it is the net result of all economic activities of any country during a period of one year and is valued in terms of money.

Answer 2

Answer:

National income is defined as the total value of all the goods and services produced within a country plus net income coming from abroad.Concept of National Income. National income means the value of goods and services produced by a country during a financial year. Thus, it is the net result of all economic activities of any country during a period of one year and is valued in terms of money.

Explanation:

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