national income

Definition

The income earned by a country's people, including labor and capital investment.

Use national income in a sentence

I wondered what the national income was and it was something I did not have a hard time figuring out.

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The national income of the United States is a great measurement of the overall health and happiness of the country.

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If you will be doing business in a new country and are trying to find out what to offer you should find out their national income.

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economic cycle welfare