Question

National income is _________ concept. (stock / final / intermediate / flow), Fill in the blank with appropriate alternative given in the bracket.

Answer 1

Hello mate


here's your answer

¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤

National income is a flow concept.

¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤

Hope it helps you

Answer 2

National income is flow concept.

Explanation:

• There is a continuous flow of 'money, and goods' between various sectors of economy. Thus, it is a 'flow concept' because 'National income' is measured over a 'period of time'.  

• The two Components of National Income are:

a. 'Gross Domestic Product' (GDP) is the value of all products (car, food-grains, electronics, etc.) and services (doctors, engineers, CA, etc.) create within the border of an economy in a particular time period, generally a year. It includes depreciation.  

b. 'Net National Product' (NNP) is appeared at by after deducting Deprecation from the (GNP) 'Gross National Product'. It is done to account for normal usage and the resulting 'wear and tear' in the national assets.

Learn more about National Income:

Why are national income and per capita income considered as indicators of development?

https://brainly.in/question/5685854

With a rise in real national income, welfare of the people

a.rises

b.falls

c.reamins unchanged

d. none of rhe above

https://brainly.in/question/3420556