Question

Define national income

Answer 1

Hello Mate,

National income is an uncertain term which is used interchangeably with national dividend, national output and national expenditure. On this basis, national income has been defined in a number of ways. In common parlance, national income means the total value of goods and services produced annually in a country.



or






the total amount of money earned within a country.



Hope this helps you


Good Night

Answer 2

Its the overall income of nation...which comes from the many sectors which are under central government....
Many private sectors are also included in this....

Hope u like it....❤