The largest component of national income is

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Compensation of employees refers to wages, salaries, and benefits paid to workers for their labor. This includes both private and public sector employees, and is the largest component of national income in most countries, including the United States. Rental income, proprietors' income, and corporate profits are all significant components of national income as well, but they are typically smaller in magnitude compared to compensation of employees.

The Largest Component of National Income Is