The sum of all the income received for contributing resources to gdp is called (a) national income (y) (b) national revenue (y) (c) marginal income (x) (d) marginal revenue (x)

The correct answer is (A) national income (Y)

Explanation:

Also called national income. It is an economic magnitude, which is composed of all the income that all the national productive factors receive during a certain period, discounting all the intermediate goods and services that have been used to produce them. It is a valuable tool to analyze the results of the economic process, which specifically measures the amount of goods and services available in the country during a certain year.

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