What does National Income mean?
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What does National Income mean?

What does National Income mean?
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What does National Income mean? 

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National Income is one of the basic concepts in micro economics. National Income means the total income of the nation. The aggregate economic performance of the whole economy is measured by the National Income data.

National Income refers to the total value of all final goods and services produced in the country during a period of 1 year.

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