Question

What is national income definitions?

Answer 1

Answer: the total amount of money earned within a country.

Explanation:  National Income refers to the money 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.

Answer 2

Answer:

National Income refers to the money value of all the goods and services produced in a country during a financial year.