Social Sciences, asked by rithikareddy5052, 10 months ago

During which period of time is national income calculated explain please

Answers

Answered by jithujilladi6
13

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.

Answered by hotelcalifornia
0

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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