What is the difference between National Income and Domestic Income ?
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Basic Difference between Domestic Income and National Income! ... It happens because national income includes the income of normal residents only (irrespective of their place of earning), whereas, domestic income includes the income of both residents and non-residents (but, within the domestic territory of the country).
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here is ur answer .....
Explanation:
National income includes the income of normal residents.
Domestic income includes the income of both residents and non residents .
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