Question

what is called the increase in national income of developed countries​

Answer 1

Answer:

Economic growth has been defined in two ways. In the first place, economic growth is defined as increase in an economy's real national income or gross national product (GNP,) over a period of time. Thus, economic growth means the annual increase in real per capita income of a country.

Answer 2

Hey dear ur answer is here..

Economic growth has been defined in two ways. In the first place, economic growth is defined as increase in an economy's real national income or gross national product (GNP,) over a period of time. ... Thus, economic growth means the annual increase in real per capita income of a country.

Hope this helps you out....!!