Why national income only atributed to normal residence of a country?
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Heya...
National income is the sum total of factor income earned by normal residents of s country during the period of an accounting year...
Only earning by normal residents is included because...
These people's economic intrest lies within our country means they earn under our country's resources or can be in foreign but on the behalf of our country do their earning will be the income of our country...
But those people who r contributing in our production but earns for foreign and their own country it will not be our country's income...
National income is the sum total of factor income earned by normal residents of s country during the period of an accounting year...
Only earning by normal residents is included because...
These people's economic intrest lies within our country means they earn under our country's resources or can be in foreign but on the behalf of our country do their earning will be the income of our country...
But those people who r contributing in our production but earns for foreign and their own country it will not be our country's income...
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