What is the meaning by national income?
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❤️HEY MATE ❤️
✨NATIONAL INCOME
National income is a monetary value of the final goods and services produced by an economy over a period of time. Usually a year, although if they are sold in quarterly basis.
_________⚡I HOPE IT HELPS YOU ⚡___________
✨NATIONAL INCOME
National income is a monetary value of the final goods and services produced by an economy over a period of time. Usually a year, although if they are sold in quarterly basis.
_________⚡I HOPE IT HELPS YOU ⚡___________
Answered by
4
Heya....
See here for your answer....
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What is national income ?
It is the some total of all the factor income earned by the normal residents of the country within an accounting year .....
Facror income means the income which we get in return after paying our services .....
How we calculate national income...??
It can be done by three methods..
• Value added methods
• Income method
• Expenditure method
It is important to calculate the national income of a country to estimate it's receipts and the development level...
Thank you
See here for your answer....
==================
What is national income ?
It is the some total of all the factor income earned by the normal residents of the country within an accounting year .....
Facror income means the income which we get in return after paying our services .....
How we calculate national income...??
It can be done by three methods..
• Value added methods
• Income method
• Expenditure method
It is important to calculate the national income of a country to estimate it's receipts and the development level...
Thank you
viratgupta27:
Hiii
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