Economy, asked by soumyajit147, 1 year ago

state the diff• between money national income and real national income?​

Answers

Answered by yash2090
6

Answer:

Whereas money income is measured in terms of National Income at Current Prices (NICUP), real income is measured in terms of National Income at Constant Prices (NICOP). ... Real income is a better indicator of economic growth. The rate of change of NICOP during the year gives the rate of growth during the year.

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