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National income   /nˈæʃənəl ˈɪnkˌəm/   Listen
National income

noun
1.
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).






WordNet 3.0 © 2010 Princeton University








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"National income" Quotes from Famous Books



... faced seriously. Suppose, for example, that you have now a total budget of 900 million pounds, and that, in the course of time, all values are expressed at half the present currency figure. Imagine that the national income in this instance is 3600 million pounds. Then the burden, on a first approximation, is 25 per cent. Now, if the whole budget is responsive, we may find it ultimately at 450 million pounds out of a national income of 1800 million pounds, i.e. still 25 per cent. But let the non-responsive ...
— Essays in Liberalism - Being the Lectures and Papers Which Were Delivered at the - Liberal Summer School at Oxford, 1922 • Various

... 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

... and revenue of England had, a little before this period, been rated at four millions a year; so that the revenues of the monks, even comprehending the lesser monasteries, did not exceed the twentieth part of the national income; a sum vastly inferior to what is commonly apprehended. The lands belonging to the convents were usually let at very low rent; and the farmers, who regarded themselves as a species of proprietors, took always care to renew their leases ...
— The History of England in Three Volumes, Vol.I., Part C. - From Henry VII. to Mary • David Hume

... 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

... one of the most prosperous in the Caribbean, is highly dependent on tourism, which generates an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1997. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. An estimated ...
— The 2000 CIA World Factbook • United States. Central Intelligence Agency.



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