aggregate national income
1national income accounting — Set of principles and methods used to measure a country s income and production. There are two ways of measuring national economic activity: the expenditure approach, which measures the money value of the total output of goods and services in a… …
2national income — noun Date: 1878 the aggregate of earnings from a nation s current production including compensation of employees, interest, rental income, and profits of business after taxes …
3national income multiplier — index that determines the amount of change in gross national product as a result of a change in one unit of aggregate demand (Economics) …
4Aggregate income — is the combined income earned by an entire group of persons. Aggregate income in economics is a broad conceptual term. It may express the proceeds from total output in the economy for producers of that output. One such measure of it is National… …
5Aggregate demand — This article is about a concept in macroeconomics. For microeconomic demand aggregated over consumers, see Demand curve. In macroeconomics, aggregate demand (AD) is the total demand for final goods and services in the economy (Y) at a given time… …
6National accounts — Economics …
7income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …
8Aggregate expenditure — In economics, Aggregate Expenditure is a measure of national income. Basically it is one of the approaches to measure GDP. It is defined as the value of planned goods and services produced in an economy. Where GDP is defined as C + I + G + NX and …
9Income inequality metrics — The concept of inequality is distinct from that of poverty[1] and fairness. Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income, and economic inequality among the… …
10Aggregate behavior — In economics, aggregate behavior refers to relationships between economic aggregates such as national income, government expenditure and aggregate demand. For example, the consumption function is a relationship between aggregate demand for… …
