Definition of National income:
The total amount of money earned within a country.
Gross national product (GNP) less allowance for obsolete or ageing capital stock.
How to use National income in a sentence?
- 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.
- The national income was used as a measure to determine not only the present but the affluence in the near future of the country.
- I wondered what the national income was for everyone there, because it would be really important for us later on.
- 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