English, asked by shekhartiwari0107, 3 months ago

What is national income how is it calculated write ?​

Answers

Answered by Anonymous
22

Net national income is defined as gross domestic product plus net receipts of wages, salaries and property income from abroad, minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure) through wear and tear and obsolescence.

It can be expressed as

NNI = C + I + G + (NX) + net foreign factor income – indirect taxes – manufactured capital depreciation[3]

where:

C = Consumption

I = Investment

G = Government spending

NX = net exports (exports minus imports) = (X – M)


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Answered by pjgaikar06
1

Net national income is defined as gross domestic product plus net receipts of wages, salaries and property income from abroad, minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure) through wear and tear and obsolescence. where: C = Consumption.

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