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national income

noun
1.
the total net earnings from the production of goods and services in a country over a period of time, usually one year, and consisting essentially of wages, salaries, rent, profits, and interest.
Origin
1875-1880
1875-80
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples for national income
  • And it has pledged to spend two percent of its national income on renewable energy deployment in the country.
  • Poverty rates are much lower there, and national income per working-age population is on average higher.
  • Above all, it would not be deciding what share of national income the government should spend.
  • The latest revision of the national income accounts, released this morning, makes the whole productivity acceleration vanish.
  • In fact, later that year, national income growth would turn negative.
  • Half the national income accrued to less than five percent of the citizens.
  • They are around the middle of the national income distribution.
  • Moreover, education has an extraordinarily high contemporaneous relationship with national income levels.
  • Higher productivity directly raises national income and opportunities for future consumption even without any change in saving.
British Dictionary definitions for national income

national income

noun
1.
(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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for national

8
11
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