Question

What is national income also known as?

• A. Per capita income
• B. Average income of the country
• C. Total income of the country
• D. Gross domestic product

Answer 1

The correct option is C Total income of the country

National income is the total income of all the residents of the country. Thus, it is the total income of the country. It is considered to be one of the most important attributes for comparing the development of countries.