Social Sciences, asked by realgrace, 9 months ago

how do you measure national income​

Answers

Answered by randhirsinghrana13
2

Answer:

National income is measured by the output method by calculating the total value of goods and services produced in the country during the year. The money value of goods and services produced in an economy in an accounting year is called Gross National Product (GNP).

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Answered by khushboo8267
0

Answer:

National income is measured by the output method by calculating the total value of goods and services produced in the country during the year. The money value of goods and services produced in an economy in an accounting year is called Gross National Product (GNP).

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