national income (Meaning)
national income (n)
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)
Synonyms & Antonyms of national income
No Synonyms and anytonyms found
national income Sentence Examples
- National income is a fundamental statistic used to gauge a country's economic well-being.
- The national income of a nation reflects the total value of goods and services produced within its borders.
- Calculating national income involves summing the income earned by all individuals and businesses within the country.
- Monitoring national income helps policymakers analyze economic trends and implement appropriate policies.
- High national income often correlates with a higher standard of living for citizens.
- National income can be divided into personal income, disposable income, and net national income.
- Government policies that promote economic growth and job creation can positively impact national income.
- The national income of developing countries is often lower than that of developed countries.
- Income inequality can significantly affect the distribution of national income within a society.
- Pandemics and natural disasters can have a detrimental effect on national income.
FAQs About the word 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)
No synonyms found.
No antonyms found.
National income is a fundamental statistic used to gauge a country's economic well-being.
The national income of a nation reflects the total value of goods and services produced within its borders.
Calculating national income involves summing the income earned by all individuals and businesses within the country.
Monitoring national income helps policymakers analyze economic trends and implement appropriate policies.
