National income formula to find
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Answer:
According to the income method:
•National Income = Rent + Wages + Interest + Profit + Mixed-Income.
•National Income = C + G + I + NX.
•National Income = (NDPFC) + Net factor income from abroad.
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Answer:
National Income = C (household consumption) + G (government expenditure) + I (investment expense) + NX (net exports).
Explanation:
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