more production to national income
Answers
Answered by
0
Answer:
fallow me
Explanation:
The growth of the productivity of social labor, i.e., the return on all labor resources used by society (live labor and past labor embodied in the means of production), is the main factor in the growth of national income.
Answered by
7
Answer:
There are three methods of calculating national income: The income method, which adds up all incomes received by the factors of production generated in the economy during a year. This includes wages from employment and self-employment, profits to firms, interest to lenders of capital and rents to owners of land.
Similar questions