Question

what is national income?​

Answer 1

Answer:

National 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 2

Answer:

What is national income?

Explanation:

Answer:The National Income is the total amount of income accruing to a country from economic activities in a years time. It includes payments made to all resources either in the form of wages, interest, rent, and profits.

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