what is national income and average income
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National income : National income is the total value a country's final output of all new goods and services produced in one year..
Average income : average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.
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hope it's help u if u like the answer mark as a brain list dear....!!
National income : National income is the total value a country's final output of all new goods and services produced in one year..
Average income : average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population.
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hope it's help u if u like the answer mark as a brain list dear....!!
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