Question

prepare a project on all the ways to calculate the national income​

Answer 1

Answer:

there are three methods of calculating national income

Explanation:

value added method= GDP at MP

in this method all addition done by producer is added and find out national income

income method : in this method the national income which is calculated in value method is distributed among factors of production ie land labour capital and enterpenure after deduction dep and tax

so GDP at Mp -dep-NIT= NDP at FC

expenditure method will also calculate GDP atMP