What is Domestic Income?
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What is Domestic Income?

What is Domestic Income?
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Define the Domestic Income? Or, What is Meant by Domestic Income?
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 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.

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