What is meaning of national income
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Posted by Nitish Aaryan 6 years, 7 months ago
- 2 answers
Yogita Ingle 6 years, 7 months ago
National Income refers to net money value of all the final goods and services produced by the normal residents of a country during an accounting year. It is the sum total of all factors incomes which are earned by normal residents of a country in the form of wages. rent, interest and profit during an accounting year.
NNPFc = NDPFC + NFIT = National Income
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Rakesh Godara 6 years, 7 months ago
0Thank You