Economy, asked by sdutta645gmailcom, 10 months ago

What Is National Income​

Answers

Answered by Anonymous
45

Answer:

Hlo mate.....

ɴᴀᴛɪᴏɴᴀʟ ɪɴᴄᴏᴍᴇ ɪs ᴛᴏᴛᴀʟ ᴀᴍᴏᴜɴᴛ ᴏғ ɢᴏᴏᴅs ᴀɴᴅ sᴇʀᴠɪᴄᴇs ᴘʀᴏᴅᴜᴄᴇᴅ ᴡɪᴛʜɪɴ ᴛʜᴇ ɴᴀᴛɪᴏɴ ᴅᴜʀɪɴɢ ᴛʜᴇ ɢɪᴠᴇɴ ᴘᴇʀɪᴏᴅ sᴀʏ, 1 ʏᴇᴀʀ. ɪᴛ ɪs ᴛʜᴇ ᴛᴏᴛᴀʟ ᴏғ ғᴀᴄᴛᴏʀ ɪɴᴄᴏᴍᴇ ɪ.ᴇ. ᴡᴀɢᴇs, ɪɴᴛᴇʀᴇsᴛ, ʀᴇɴᴛ, ᴘʀᴏғɪᴛ, ʀᴇᴄᴇɪᴠᴇᴅ ʙʏ ғᴀᴄᴛᴏʀs ᴏғ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ɪ.ᴇ. ʟᴀʙᴏᴜʀ, ᴄᴀᴘɪᴛᴀʟ, ʟᴀɴᴅ ᴀɴᴅ ᴇɴᴛʀᴇᴘʀᴇɴᴇᴜʀsʜɪᴘ ᴏғ ᴀ ɴᴀᴛɪᴏɴ. ᴄᴏɴᴄᴇᴘᴛs ᴏғ ɴᴀᴛɪᴏɴᴀʟ ɪɴᴄᴏᴍᴇ.

Hope this will help you....

Stay at home and stay safe.....

Answered by swati4678
5

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Answer:

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 \: . Concepts \:  of \:  National  \: Income. \:

Hope it helped... plz mark as brianliest

STay HoME STAy SAfE ....

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