Why do we study different methods of calculating national income?which method is more useful?why?
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Average income is more powerful it shows the earning of average people
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We study different methods of calculating national income because national income contribute to the economic development of a particular country.
The method which is more useful in calculating the national income is knowing the average income of the residents of the country.
This is because the average income helps us to know the economic status of the common people of a country.
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