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One disadvantage of using national income is that it is often difficult to tell between final goods and intermediate goods. Another disadvantage is problems with double counting.
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What is the importance of national income figures?
National income figures helps governmental institutions understand the state of the economy. If the national average for income has increased, then businesses are growing.
Why was the first national income tax composed?
For the US, the first Income Tax was started in 1913.
When you subtract sales and excise taxes from the net national product you have calculated?
National Income
When you subtract sales and excise taxes from the net national product you have calculated the?
National Income
What kind of national income tax do we have?
Proportional or Indexed
What the disadvantages of using the income approach to measure national income in Ghana?
The income approach to measure national income in the country of Ghana is not very accurate. Much of the Ghana economy relies on the barter system.
What are the disadvantages of three appoaches to measuring national income?
wesrdt
Disadvantages of using written history?
it si multi national
Discuss the advantages and disadvantages of national income of an economy?
main advantages of national income:- 1:Study of All important sectors & Industries 2:An important fact for measuring economic development of Develop countries 3:Analysis of different sectors
What are the Importance of national income with the national income concept?
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
Why national income is important?
bcoz its national income
What is national income and per capita income?
National income- total income of the country Per capita income- average income of the country
Explain the importance of national income?
importance of national income.
What is national income accounting as a methods of national income?
Following are the method of national income accounting :-Product MethodExpenditure MethodIncome Method
What is National Income Accounting as a method of National income?
Following are the method of national income accounting :-Product MethodExpenditure MethodIncome Method
The largest of all the national income measures is?
national income in nigeria
What are disadvantages of using car?
What are disadvantages of using car?
