The national income of a country for a given period is equal to the
- money value of final goods and services produced
- sum of total consumption and investment expenditure
- sum of personal income of all individuals
- total value of goods and services produced by the nationals
The Gross national income (GNI) is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product (GDP) plus factor incomes earned by foreign residents, minus income earned in the domestic economy by non-residents.
The correct option is A.