Why GNP is a better measure of total income rather than GDP?
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Asked in Economics
What does gross domestic product measure in circular flow diagram?
Asked in Economics
Differentiate between national income at market price and national income at factor cost?
National income at factor cost is the measure of national income or output based on the cost of factors of production.This allows the effect of any subsidy or indirect tax to be removed from the final measure. National income at market prices is the total income receivable plus taxes on production and imports less subsidies.
What does negative net income means?
Asked in Economics, Definitions, The Difference Between
What is the difference between gnp and nni?
What is the difference between gross total income and total income?
Asked in Math and Arithmetic
Why would you measure the total length of a bus in meters rather than centimeters?
What is gross income?
How is net income measured on an income statement?
Asked in Loans
I have served in the Air Force for 26 years. I have a pension....can I get a V.A Loan with just my pension?
What income to pay income taxes?
Income is paid on income accrued or arises in the hands of person resident in India or in special cases non residents. Chapter No II of the Income Tax, 1961 defined the basis of charge. The scheme of taxability of income in India is being given in the following chapters: Ch. No. II BASIS OF CHARGE Ch. No. III INCOMES WHICH DO NOT FORM PART OF TOTAL INCOME Ch. No. IV COMPUTATION OF TOTAL INCOME - Heads of income Ch. No. IV- -A COMPUTATION OF TOTAL INCOME - A. - Salaries Ch. No. IV- -B COMPUTATION OF TOTAL INCOME - B. - [Omitted] Ch. No. IV- -C COMPUTATION OF TOTAL INCOME - C. - Income from house property Ch. No. IV- -D COMPUTATION OF TOTAL INCOME - D. - Profits and gains of business or profession Ch. No. IV- -E COMPUTATION OF TOTAL INCOME - E. - Capital gains Ch. No. IV- -F COMPUTATION OF TOTAL INCOME - F. - Income from other sources