Question

give the important of the national income in the economy of a country​

Answer 1

Explanation:

Setting Economic Policy- National Income indicates the status of the economy and can give a clear picture of the countries economic growth. National Income statistics can help economist in formulating economic policies for economic development.

Answer 2

Answer:

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.

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