Social Sciences, asked by yjay76111, 10 months ago

what is national income and how it is calculated

Answers

Answered by lakshayjain1701lj

2

Answer:

the total amount of money earned within a country is known as national income.

Explanation:

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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