Question

Difficulities in measuring national income explain with example ?
double counting,depriciation,goverment services,income from self employed,
money measurement,lack of account​

Answer 1

Answer:

National income or the gross national income is the total income earned by all residents and enterprises of a country over a specific period. You can also define national income as the total value of all goods and services produced over a specific period of time. Now, there are several methods of calculating national income.

The three most common methods are the value-added method, the income method, and the expenditure method. The value-added method focuses on the value added to a product at each stage of its production.