in Economics
24 views
2 Votes
2 Votes
Define the Domestic Income? Or, What is Meant by Domestic Income?
in Economics
by
3.7k Points

1 Answer

2 Votes
2 Votes
 
Best Answer

 Domestic Income means income generated in the domestic economy during an accounting year.

 It is measured as the sum total of factor incomes ( Rent + Interest + Profit + Wages) earned by the  owners of factors of production during an Accounting Year. It reflect level of  income of the People.

Selected by
by
3.7k Points

Related Questions

3 Votes
3 Votes
1 Answer 24 Views
Vikas Asked in Economics Aug 18, 2021
24 views
Vikas Asked in Economics Aug 18, 2021
by Vikas
3.7k Points
2 Votes
2 Votes
1 Answer 13 Views
3 Votes
3 Votes
1 Answer 28 Views
Vikas Asked in Economics Aug 18, 2021
28 views
Vikas Asked in Economics Aug 18, 2021
by Vikas
3.7k Points
3 Votes
3 Votes
1 Answer 25 Views
Vikas Asked in Economics Aug 3, 2021
25 views
Vikas Asked in Economics Aug 3, 2021
by Vikas
3.7k Points
3 Votes
3 Votes
1 Answer 13 Views
Vikas Asked in Economics Aug 3, 2021
13 views
Vikas Asked in Economics Aug 3, 2021
by Vikas
3.7k Points
3 Votes
3 Votes
1 Answer 9 Views
Vikas Asked in Economics Aug 3, 2021
9 views
Vikas Asked in Economics Aug 3, 2021
by Vikas
3.7k Points
2 Votes
2 Votes
1 Answer 26 Views
Vikas Asked in General Knowledge Aug 18, 2021
26 views
Vikas Asked in General Knowledge Aug 18, 2021
by Vikas
3.7k Points
2 Votes
2 Votes
1 Answer 41 Views
Vikas Asked in Economics Aug 3, 2021
41 views
Vikas Asked in Economics Aug 3, 2021
by Vikas
3.7k Points
2 Votes
2 Votes
1 Answer 8 Views
Vikas Asked in Economics Aug 3, 2021
8 views
Vikas Asked in Economics Aug 3, 2021
by Vikas
3.7k Points
2 Votes
2 Votes
1 Answer 8 Views
Vikas Asked in Economics Aug 3, 2021
8 views
Vikas Asked in Economics Aug 3, 2021
by Vikas
3.7k Points

Welcome To Informesia

Informesia Helps You To Prepare India's All States Board Exams (CBSE, ICSE, UP Board, BSEB, HPBOSE, RBSE, MSBSHSE) and Competitive Exam Like JEE (Main + Advanced), AIIMS, NEET, KVPY, NTSE, BITSAT, Olympiad, CLAT...etc.
For Any Query or Suggestion, Please Contact us on :
[email protected]

Connect us on Social Media