Social Sciences, asked by Queenzoya01, 10 months ago

What is national income???

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Answered by itsprettygirl29

Answer:

Hey mate here is your answer

National income means the total value of goods and services produced annually in a country.

Hope it helps you

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Answered by UniqueStar143

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⏭️ LNational income means the value of goods and services produced by a country during a financial year. Thus, it is the net result of all economic activities of any country during a period of one year and is valued in terms of money. ... We can understand this concept by understanding the national income definition.

⏭️Answer: The total amount of income accruing to a country from economic activities in a financial year's time is known as national income. It includes payments made to all resources in the form of wages, interest, rent and profits. This is the true net annual income or revenue of the country or national dividend. .

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