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Define national income with examples

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Define national income with examples
  • 2 answers

Sia ? 4 years, 5 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 a period of an accounting year.

Adithya Dev A 4 years, 5 months ago

National income is defined as the sum total of money value of all goods and services produced in a country during a financial year. {{{{{{National Income = Price of good / Quantity if good produced}}}}}}
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