Economy, asked by shuheb356, 10 hours ago

Which method calculating national income uses rewards of factors of production

Answers

Answered by llitznakhrebaazll

Answer:

Income Method

Income MethodUnder Factor Income Method, also called Factor Payment Method or Distributed Share Method, national income is calculated by summation of factor incomes paid out by all production units within the domestic territory of a country as wages and salaries, rent, interest, and profit.

Explanation:

hope it helps you ^_^

❤

Answered by levimarking

Answer:

Under Factor Income Method, also called Factor Payment Method or Distributed Share Method, national income is calculated by summation of factor incomes paid out by all production units within the domestic territory of a country as wages and salaries, rent, interest, and profit.

Explanation:

Previous Question

Next Question

Similar questions

Physics, 5 hours ago

how much energy is released or observed when one gram of water at 30 degree Celsius freezes to Ice at 0 degree?Find answer Celsius in celsius?

Math, 5 hours ago

1) पक्ष - DABCD हा चक्रीय हे 2DCE हा DABCDचा बाहाकोन आहे A साध्य -LDCE=L BAD. सिद्धता लिहिण्यासाठी पुढील B कृती पूर्ण करा. LDCE-2BCD =...

Physics, 5 hours ago

An artificial satellite of mass m is revolving in a circular orbit around a planet of mass M and radius R. if the radius of the orbit of the satellite be r, justify by the method of dimensions that the time period of the satellite is given by $T = (2\pi /R)(r^3/g)^{1/2}$ ...