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.
21 percent of the country's Gross National Income, GNI.
Given the massive changes in the pre-tax distribution of national income since 1980, there are clear limits to what redistributive policies can achieve," they conclude.
The President said that by adopting a strategy which incorporates modernization and international marketing, this sector can play an important role in increasing national income.
During inflationary times, the purpose of calculating the figure for real national income, R, was that it stopped us from becoming overexcited by reports that money income had increased substantially.
On current plans, total public spending in 2019/20 will reach its lowest share of national income for more than 60 years with the exception of 1999/2000 and 2000/01.
Real gross national income (GNI), which gauges income by South Koreans at home and abroad, slid 0.
Despite increased globalization of most economies over recent decades, this literature has mainly focused on closed economy effects, ignoring the important distinction between gross domestic product (GDP) and gross national income (GNI) for highly open economies with significant international investment positions.
Benazir Income Support Programme is one of the major components of the National Income Support Programme.
calculated from the National Income to the GDP, as that time GDP was not calculated, only the National Income", - Bagratyan
Our borrowing as a percentage of National Income is increasing because the national income has fallen dramatically as a result of the Government's vicious cutbacks, and is likely to pick up only very slowly.
But the rise will be smaller than previously expected in cash terms because it is calculated as a proportion of national income, which has shrunk by 0.

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