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Responsibility of citizens to contribute tax towards the development of our nation. Giving citizens the ability and duty to serve the nation.
it means distribution of income is how a nation's total economy is distributed amongst its population. Classical economists are more concerned about factor income distribution,that is the distribution of income between the factors of production,labor land and capital. Distribution of income is measured by Lorenz curve and Gini co
Relation between Accounting and Economics. Accounting and economics relates to each other in the way that both of them consider the effective and efficient use of resources, particularly when they are scare, and also maximizing the wealth. However, Accounting is the activity which provide information to the owner of the business firm, effective and efficient use of resources and maximization of the wealth of the owner of the firm, While economics does all the activities for the nation and not for an individual.
The National income accounting depicts the strength or weakness of the economy of a particular country. The report on the subject matter tells the economists and leaders of the nation about the GDP as well.
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.
David T. Lapkin has written: 'Money, banking, and the Nation's income' -- subject(s): Accounting, Banks and banking, Monetary policy, Money, National income
Gross National Income is the total income earned by citizens of a nation wherever they are, Net National Income is a measure of the income earned by households, whether they receive it or not. NNI = GNP - depreciation - indirect taxes
President Lincoln believed that the union as created by the Constitution was a permanent, important institution. He also knew that the South was essential to the nation because the South produced 80% of the nation's export income.
Income tax is very important for nation, development what ever any countries, when ever we don't pay income tax so then ever any country can't go a head. If we want to our country look like a heaven so we have to pay income tax. That's way government want income tax.
income distribution
Inflation Afghanistan
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nation 3