the national income of the nation
1.govt annual revenue
2.some total factors of income
3.surplus of public sector undertaking
4.export minus import
can anyone tell me the correct answer
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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.
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it will be the govt annual revenue . because private incomes will go only to corporate owners. land taxes due to govt will be given
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