Difference between graf national income and net national income
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Graf National Income:
It is total income of {all citizens living} Total population in a country
And, it doesn't give us what a avg person earns
Net National Income:
It is the dividation of natioal income upon {no of people living in country}Total population
And, It gives us what an avg person earns
hope it helps u
It is total income of {all citizens living} Total population in a country
And, it doesn't give us what a avg person earns
Net National Income:
It is the dividation of natioal income upon {no of people living in country}Total population
And, It gives us what an avg person earns
hope it helps u
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