what is the formula to find national income?
Answers
Answer:
here's the answer
Explanation:
Also called NNI. The formula for calculating net national income is: NNI = C + I + G + NX + NFF - IT - D. Where: C = Consumption, I = Investments, G = Government spending, NX = Net exports (calculated by subtracting imports from exports), NFF = Net foreign factor income, IT = Indirect taxes, D = Depreciation.
What is net national income? definition
Answer:
Also called NNI. The formula for calculating net national income is: NNI = C + I + G + NX + NFF - IT - D. Where: C = Consumption, I = Investments, G = Government spending, NX = Net exports (calculated by subtracting imports from exports), NFF = Net foreign factor income, IT = Indirect taxes, D = Depreciation PLEASE MARK ME AS A BRAIN LIST