Q. What does National Income mean?

  • (A) The total value of all goods and services produced in the country during a period of 1 year
  • (B) The total value of all stocks and shares in the country during a period of 1 year
  • (C) The total value of all capital goods produced in the country during a period of 1 year
  • (D) The total value of all consumer goods produced in the country during a period of 1 year
βœ… Correct Answer: (A) The total value of all goods and services produced in the country during a period of 1 year

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