Question

What is national income
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Answer 1

Answer:

National Income refers to the monetary value of all the goods and services produced in a country during a financial year. In other words, the final outcome of all the economic activities of the nation during a period of one year, valued in terms of money is called as a National income.

Explanation:

Answer 2

Explanation:

National Income is the total amount of

goods and services produced within the

nation during the given period say ,1 year.