Social Sciences, asked by harshitha1439, 10 months ago

explain two basic concepts of national income

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Answered by Anonymous
1

The main concepts of NI are: GDP, GNP, NNP, NI, PI, DI, and PCI. These different concepts explain about the phenomenon of economic activities of the various sectors of the various sectors of the economy. The most important concept of national income is Gross Domestic Product. ... Consumer goods and services.

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