thats your assignement, that economic teacher gave you so figure out (pimsat)
it is very important to calculate national income so as to see whether the country in terms of its economy is progressing and to also see that the calculation of national income is carried out efficiently and precisely
importance of national income.
There are three methods in calculating the national income. One is the net output method. Another is the income method, and lastly, the outlay method.
jedofed
The importance of national income in the economy is absolutely huge. This determines whether or not there is money that can be spent.
it is very important to calculate national income so as to see whether the country in terms of its economy is progressing and to also see that the calculation of national income is carried out efficiently and precisely
importance of national income.
There are three methods in calculating the national income. One is the net output method. Another is the income method, and lastly, the outlay method.
jedofed
The importance of national income in the economy is absolutely huge. This determines whether or not there is money that can be spent.
the national income is that by the means of national income v can know that how much the income of country and v can find the national income dedact the all rents allowences paymants salaries and wages
The importance of national income statistics is to show a national income figures and show the performance of the company. The limitations are there are room for errors in report , some categories are not accurate or are misrepresented , and they do not measure welfare as a source of income.
National income figures helps governmental institutions understand the state of the economy. If the national average for income has increased, then businesses are growing.
The income of a country can be calculated by three different procedures. The products produced, domestic profit and the amount spent.
the important of calculating your bmr is to see the body fat
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.