Meaning Of The Word National income

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National income Meaning

National income Definition
National income Definition

What's The Definition Of National income?

national income in British English
the total income earned by a nation's productive factors, including all profits, rents, wages, etc., during a specified period, usually a year; net national product minus indirect business taxes
noun: the total net earnings from the production of goods and services in a country over a period of time, usually one year, and consisting essentially of wages, salaries, rent, profits, and interest
noun: the total of all incomes accruing over a specified period to residents of a country and consisting of wages, salaries, profits, rent, and interest

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