what is national income?
Answers
Answered by
1
Answer:
National income is the total value a country's final output of all new goods and services produced in one year. Understanding how national income is created is the starting point for macroeconomics.
Explanation:
Answered by
2
Answer:
variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product, gross national product, net national income, and adjusted national income.
Similar questions