Question

formula of national income

Answer 1

heya

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Answer 2

Heya....

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The Net National Income is  Called NNI

The sum of income taken from all sectors, including personal, business and government. Also called NNI.

The formula for calculating net national income is: NNI = C + I + G + NX + NFF - IT - D

Where: C = Consumption

 I = Investments,

 G = Government spending,

 NX = Net exports (calculated by subtracting imports from exports),

 NFF = Net foreign factor income,

 IT = Indirect taxes,

 D = Depreciation.

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