NATIONAL INCOME DEFINITION

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National income can be defined as the total value of the goods and services produced in a country in a year including the real net earnings abroad.

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  1. MEASUREMENT OF NATIONAL INCOME
  2. USES IMPORTANCE OF NATIONAL INCOME
  3. FACTORS THAT DETERMINE NATIONAL INCOME
  4. BASIC CONCEPTS USED IN NATIONAL. INCOME
  5. ELEMENTARY THEORY OF INCOME DETERMINATION
  6. POPULATION DEFINITION
  7. CONSUMPTION DEFINITION

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