National Income is a...
a.Hypothetical concept
b. Non economic concept
c. Stock concept
d. Flow concept
Answers
Answered by
0
Answer:
National Income is total amount of goods and services produced within the nation during the given period say, 1 year. It is the total of factor income i.e. wages, interest, rent, profit, received by factors of production i.e. labour, capital, land and entrepreneurship of a nation.
hope this will help
please mark my answer as brainliest
Answered by
1
Answer:
(d) flow concept
Explanation:
National Income is a flow concept.
hope it helps :)
Similar questions
English,
4 months ago
Computer Science,
4 months ago
Math,
4 months ago
Political Science,
8 months ago
Science,
1 year ago
Math,
1 year ago