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Nataliya [291]
3 years ago
7

Define the theory of National Income

Social Studies
1 answer:
zysi [14]3 years ago
4 0

Answer:

National income means the value of goods and services produced by a country during a financial year. Thus, it is the net result of all economic activities of any country during a period of one year and is valued in terms of money.

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In 2014, U.S. gross domestic product (GDP) was roughly $17.4 trillion. Given that the U.S. population was roughly 319 million pe
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Answer:

C. $54,545.

Explanation:

Per capital GDP = GDP/population of the country

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3 years ago
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3 years ago
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