Economy, asked by Abhishekavarma8345, 1 year ago

What is national income and the features of national income?

Answers

Answered by Anonymous
152
hi
National Income is the income earned by the farming service industries of manufacturing. ordinary sense national income refers to the total value of good and services produced in acountry during a particular year
hope it's help you

please mark brainliest
Answered by dapushree
2

Answer:

National income includes the value of activities that are exchanged for money eg services of housewives are ignored. National income is the net/actual aggregate value of goods and services produced in the economy. Therefore the value of depreciation ie “wear and tear of capital” in the process of production is deducted from the gross value.

Explanation:

Hope it's helpful for uh!!!

Similar questions