formula of national income
Answers
Answered by
13
Explanation:
National Income = C (household consumption) + G (government expenditure) + I (investment expense) + NX (net exports).
Answered by
3
Answer:
National income = C + I + G + (x-y ) + NFIA
C = Consumption
I = Investment
G = government expenditure
x -y = export - import
NFIA = net factor income from abroad
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