Question

what is national income​

Answer 1

Answer:

ᕗ 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.

Explanation:

Answer 2

Explanation:

National Income is the total amount of goods and services produced within a nation in one year