Question

✨hello.... ✨

tell me short in "National income"?

Answer 1

National income data are of great importance for the economy of a country. These days the national income data are regarded as accounts of the economy, which are known as social accounts.

Answer 2

National income is the total value a country's final output of all new goods and services produced in one year. Understanding how national income is created is the starting point for macroeconomics.



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