national income

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national income

n.
The total net value of all goods and services produced within a nation over a specified period of time, representing the sum of wages, profits, rents, interest, and pension payments to residents of the nation.

national income

n
(Economics) economics the total of all incomes accruing over a specified period to residents of a country and consisting of wages, salaries, profits, rent, and interest

national income

The total amount of income earned by all the people and institutions within a country from the production of goods and services (usually measured over a period of one year).
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.national income - the total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr)
value - the quality (positive or negative) that renders something desirable or valuable; "the Shakespearean Shylock is of dubious value in the modern world"
Translations

national income

n (Econ) → reddito nazionale
References in classic literature ?
Twice we have passed a national income tax, and each time the supreme court smashed it as unconstitutional.
LONDON, Oct 23 (KUNA) -- National incomes in the UK fell by more than 13pct this year compared to the start of the recession four years ago, according to a new study Tuesday.
National income per head in the second quarter of the year was 13.
It is far from clear why questions of life satisfaction should be so closely related to national incomes.
PRINCETON, NJ -- Gallup World Poll data provide new evidence that all along the national income scale, life satisfaction rises with average income level.
Thus, we might expect the Danes to continue to maintain an average rating of 8 as national income rises, provided they stay in the same position in the global income rankings.
Factor shares in household and national incomes have been closest for self-employment income, in terms of both level and fluctuation, although the household income share of self-employment income has declined secularly relative to that in national income (Figure 3).
The division of national income between the owners of the factors of production - labour, capital, land - is one of the oldest topics in economics.

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