Q2 of 25 Page 242

Define National Income.

It is the total amount of money earned by an economy. It is the sum total of all the value of goods and services produced in an economy over a period of time. It is usually calculated per year.


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1

Per-capita Income is an Indicator of

 1

Primary sector contribution to national income in India is

 2

How you arrive at NNP?

 2

Write a note on Income method?