Question

Formula of income and expenditure

Answer 1

Answer:

National Income = C (household consumption) + G (government expenditure) + I (investment expense) + NX (net exports).

Answer 2

Answer:

https://goo.gl/search/Formula+of+income+and+expenditure

Income and Expenditure Method: National Income Formulae, Examples Using the expenditure approach, national income can be represented as follows: National Income = C (household consumption) + G (government expenditure) + I (investment expense) + NX (net exports).

https://goo.gl/search/Formula+of+income+and+expenditure

Income and Expenditure Method: National Income Formulae, Examples Using the expenditure approach, national income can be represented as follows: National Income = C (household consumption) + G (government expenditure) + I (investment expense) + NX (net exports).