Economics · National Income
What is the definition of National Income?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Total value of intermediate goods produced in a year
- 2Net value of final goods and services produced, including net income from abroad✓
- 3Total money supply in the economy
- 4Total revenue of the government
Correct answer
Net value of final goods and services produced, including net income from abroad
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