3 Questions
What is national income?
The total value of all goods and services produced in a country within a specific time period
Which of the following is included in the calculation of national income?
Income from wages and salaries
What does national income serve as a measure of?
Economic performance of a country
Test your knowledge of national income with this quiz! Learn about what national income is, what is included in its calculation, and how it serves as a measure of a country's economic performance.
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