Study Notes
Measuring National Income
- Level:
- AS, A Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 2 Jul 2018
What is meant by national income?
National income measures the monetary value of the flow of output of goods and services produced in an economy over a period of time.
Revision video: GDP and GDP per capita
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