Question

how do we get national income? ​

Answer 1

Gross National Income (GNI) is defined as GDP (Gross Domestic Product; income generated by production activities on economic territory of that particular country) plus the net receipts from wages, salaries, property income taxes, and subsidies of the country's citizens abroad minus the income earned in the domestic .......

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Answer 2

Explanation:

There are various methods for measuring National Income:

• Gross Domestic Product (GDP)

• Gross National Product (GNP)

• Net National Product (NNP)

• Net Domestic Product (NDP)

• National Income at Factor Cost (NIFC)

• Transfer Payments.

• Personal Income.

• Disposable Personal Income.

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