national income
The total amount of money earned by a country's citizens, businesses, and government, often used as a measure of economic activity and growth.
Meaning
The total amount of money earned by a country's citizens, businesses, and government, often used as a measure of economic activity and growth.
Example Sentences
- “The country's national income has been increasing steadily over the past decade, driven by growth in the service sector and foreign investment.”
- “The national income is distributed unevenly, with a significant proportion going to the wealthy elite and a smaller share to the poor and middle class.”
Quick Answers
What does “national income” mean?
The total amount of money earned by a country's citizens, businesses, and government, often used as a measure of economic activity and growth.
How do you use “national income” in a sentence?
“The country's national income has been increasing steadily over the past decade, driven by growth in the service sector and foreign investment.”
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