Viewing GDP in terms of earnings derived or created by producing something is called the: Income.
The full form GDP is Gross Domestic Product, which refers to the total amount of goods and services produced in the economy in the particular period of time.
It shows the monetary value of the goods produced and being sold to the final users. The GDP indicates the creation of income through selling goods and services.
Therefore, it can be concluded that "income" refers to the earnings derived or made by producing anything.
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