Define or explain the National income

1.	Define or explain the National income
Answer» According to Pigou, “The national income is that part of the objective income of the community including, of course, income derived from abroad, which can be measured in money.” According to Fisher,” The national dividend or income consists solely of services as received by ultimate consumer, whether from their material or from their human environments,”.

Answer»

According to Pigou, “The national income is that part of the objective income of the community including, of course, income derived from abroad, which can be measured in money.”

According to Fisher,” The national dividend or income consists solely of services as received by ultimate consumer, whether from their material or from their human environments,”.

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Define or explain the National income

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