Economy, asked by dilshudilshad2440, 7 months ago

How the National Income is calculated

Answers

Answered by deekshantsinghal7996

Answer:

While calculating National Income the value of only finished goods is added because the finished products already contains value of intermediate goods.

Explanation:

So just the total volume of goods and services produced in each sector is calculated along with their prices and then the national incomes is estimated.

Previous Question

Next Question

Similar questions

Math, 4 months ago

The time (in hours) required to repair a machine is exponentially distributed with parameter 1 2   . What is the probability that the repair time exceeds 2 hours? What is the conditional probability that the repair time takes at least 10 hours given that its duration exceeds 9 hours?

Physics, 4 months ago

during an adiabatic process the cube of pressure is found to be inversely proportional to the fourth power of volume.then ratio of specific heats is? plzz answer with explaination...

Hindi, 4 months ago

उसके meaning in tamil...

Physics, 7 months ago

Why Is Electrostatic Potential Constant Throughout The Conductor...

Math, 7 months ago

Formula For Area Of Trapezium...

Geography, 10 months ago

with reference to any less developed country you have studied explain the cause of poor agricultural performance.

Physics, 10 months ago

difference between the longitudinal and transverse waves ...

Math, 10 months ago

find the factors 25x²-36z² ...