During which period of time is national income calculated explain please
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Answer:
Explanation:
National income is the total money value of goods and services produced by a country in a particular period of time. The duration of this period is usually one year. National income can be defined by taking three viewpoints, namely production viewpoint, income viewpoint, and expenditure viewpoint.
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During particular period of time is national income calculated that is April 1st to March 31st.
Explanation:
- National income has a huge effect on the economy during budget season.
- April 1st to March 31st is the specific time period in which the national income calculated.
- The cumulative money worth of a country's goods and services over a given period of time is the national revenue.
- The term typically lasts one year. Three points of view can be described for the national economy: growth, revenue and spending.
- National income is a kind of system that an management practices to estimate the level of the country's economic movement.
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If a income is 70% of b and b income 50% of c and if c income is one lakh then what is the income
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Ram income is ₹100 more than that shyam .if the average income of ram and shyam is ₹850,then ram,s income is
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