National income

National income,

Definition of National income:

  1. The total amount of money earned within a country.

  2. Gross national product (GNP) less allowance for obsolete or ageing capital stock.

How to use National income in a sentence?

  1. Since the early 1990s, economic researchers have compared national incomes with indicators of environmental quality such as levels of sulfur dioxide or smoke in the air.
  2. The national income was used as a measure to determine not only the present but the affluence in the near future of the country.
  3. I wondered what the national income was for everyone there, because it would be really important for us later on.
  4. The national income of a developing country is usually marked by clear economic growth over several years without periods of rapid fall or decline.

Meaning of National income & National income Definition