NATIONAL INCOME • DICCIONARIO INGLES.COM • Definition of National income

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/nˈæʃənəl ˈɪnkˌəm/ Listen

National income

noun

The total value of all income in a nation (wages and profits and interest and rents and pension payments) during a given period (usually 1 yr).

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Etymology of 'National income'

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"National income" Quotes from Famous Books

... service sector has overtaken agriculture as the economy's largest employer, due to growth in tourism and free trade zones. The country suffers from marked income inequality; the poorest half of the population receives less than one-fifth of GNP, while the richest 10% enjoy 40% of national income. A US $500 million foreign bond issue in September 2001 will contribute to increased ...

— The 2002 CIA World Factbook • US Government

... Overview: The economy is highly dependent on the tourist industry, which generates about 21% of the national income. In 1985 the government offered offshore registration to companies wishing to incorporate in the islands, and, in consequence, incorporation fees generated about $2 million in 1987. Livestock raising is the most significant ...

— The 1990 CIA World Factbook • United States. Central Intelligence Agency

... at a period when general peace seemed approaching. The treaty of Amiens in 1802 made a sort of armistice between France and Great Britain, and neutral commerce was relieved from capture. The national income was steadily rising (sec. 52), the Indians were quiet, the land dispute with Georgia—the last of the long series—was on the point of being settled, the States showed no sign of insubordination. In his inaugural address the new President took pains to reassure ...

— Formation of the Union • Albert Bushnell Hart

Words linked to "National income" : value