national income


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Related to national income: National Income Statistics

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.
On a global basis, Lebanon gross national income per capita at FFF GNI per capita was higher than the one of Panama, Kazakhstan and Costa Rica and lower than that one of Mauritius, Montenegro and Botswana Among UMIC's, Lebanon's GNI per capita was higher than that of South Africa and Grenada and lower than that of Malaysia and Argentina.
The report also included a list of Arab and Middle Eastern economies that placed Kuwait in fifth place (55th worldwide) with a gross national income of $ 112.1 billion.
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.
This they do by thoroughly discussing and explaining the various components of Belgium national income between 1920 and 1939 that they use.
Even if changes in the share of workers and employers in the national income are small, the amounts involved are significant: in 2005, for example, Israel's national income was NIS 455.7 billion, one percent of which was NIS 4.6 billion.
The ratio of taxes against national income is forecast at 21.5 percent in fiscal 2005, which starts April 1, little changed from 21.4 percent in fiscal 2004.
National Income Realty Trust operates nationwide, focusing on improving undervalued multi-family properties and repositioning them in the marketplace.
Recent theories of unemployment follow suit, implicitly treating the share of labour in national income as the outcome of a battle of the mark-ups' between employers and workers over product prices and money wages (Rowthorn, 1977; Layard et al., 1991).
Wanniski dismisses the vast array of evidence on soaring income and wealth inequality, which is derived from many different sources, because he says it is based on national income accounts "devised by Keynesians." The thousands of economists, of all political persuasions, who have found the national income accounts invaluable to their research will be surprised to learn that these data are useless.
There are biases in aggregate price indexes, incomplete reporting of international transactions, a significant amount of mere interpolation in the service portion of our national income accounts, uneven coverage of the financial accounts of households and firms, and unreported economic activity.
When interest income rises as a share of national income the rich get richer.

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