What is national income definitions?
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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.
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Answer:
National Income refers to the money value of all the goods and services produced in a country during a financial year.
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