Question

    National Income means

    A Income of the Government Correct Answer Incorrect Answer
    B Money measure of the overall annual flow of goods and services in an economy Correct Answer Incorrect Answer
    C Value of the fixed wealth in an economy Correct Answer Incorrect Answer
    D Aggregate of the earnings of working class in an economy Correct Answer Incorrect Answer

    Solution

    National Income refers to the total value of all final goods and services produced within a country's borders in a specific time period, usually a year.

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