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Why do you compute national income?

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Anonymous

12y ago
Updated: 8/20/2019

it means the world is coming to an end

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Wiki User

12y ago

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Related Questions

Which agency is responsible to compute national Income?

RBI


Limitation of national income statistics of making international comparsion of living standards?

firstly there are lack of standardization,i.e,countries compute their national income differently. secondly different needs,tastes and consumption patterns of different countries thirdly Exchange rate,i.e, different currencies to compute national income


Formulas to calculate national income used in economics in India?

how to compute national income. Through; expenditure approach, income approach, and input and output approach. Now for the expenditure approach you add G+I+C+(X-M) Income approach; addition of the factors of production


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


The Guillermo furniture store scenario Compute the return on investment residual income and economic value added for the current situation?

The Guillermo furniture store scenario Compute the return on investment residual income and economic value added for the current situation?


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 method of National income?

Following are the method of national income accounting :-Product MethodExpenditure MethodIncome Method


What is national income accounting as a methods 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


How to compute cost to income ratio?

A cost or expense ratio is not that hard to calculate. Basically its the operating expenses divided by the average value of assets under management. Many sites have calculators that make this easy.