Economy, asked by sarat29, 11 months ago

Distinguish between National Product at constant prices and Net Domestic at current prices.​

Answers

Answered by rithvikala
1

Answer:

  • National income measured at constant prices truly reflects the real change in physical output of a country whereas national income at current prices does not. ...
  • Real national income (or for that matter GNP) enables us to make a year to year comparison of changes in the volume of output of goods and services.

Answered by yashchirdhani
1

Answer:

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