Question

given a table of population growth for period between1961 and 2001 a table of contribution of agriculture, industry and services sector for the same period, compare the two tables and present your findings in the form of presentation.​

Answer 1

The income approach defines GDP in terms of the income derived or created from producing final goods and services.

Net Domestic Income at factor cost =

Labour Income +

Enterprises before taxes +

Interest and Investment Income +

Unincorporated Businesses +