Social Sciences, asked by omsaidesai677, 8 months ago

What does national income means​

Answers

Answered by atharva420
9

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.....

What Is National Income Accounting? National income accounting is a bookkeeping system that a government uses to measure the level of the country's economic activity in a given time period......

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Answered by hiramankatore1959
0

Explanation:

the total amount of money earned within a country

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