National income is the monetary value of all goods and services produced by nationals of a country for participating in productive activities in a period usually a year.
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 concept of Multiplier highlights the effects of initial investment upon national income through changes in consumption expenditure.
*national income statistics provide a wide view of country's entire economy. it provide a wide view of various groups in population who participates as producers and income receiver.
yes, production is a stock concept and income is a flow concept.
You can measure national income by looking at various factors. The most important ones include average living standard and the rate of economic growth. National incomes measures the value of good and services a country produces.
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
any increase in business inventories.
The concept of Multiplier highlights the effects of initial investment upon national income through changes in consumption expenditure.
*national income statistics provide a wide view of country's entire economy. it provide a wide view of various groups in population who participates as producers and income receiver.
*national income statistics provide a wide view of country's entire economy. it provide a wide view of various groups in population who participates as producers and income receiver.
yes, production is a stock concept and income is a flow concept.
You can measure national income by looking at various factors. The most important ones include average living standard and the rate of economic growth. National incomes measures the value of good and services a country produces.
bcoz its national income
there are comparison obstacles such as: variations in income distribution amongst different countries being compared size of black market tastes and needs proportion of national income used by the government for defence.
National income- total income of the country Per capita income- average income of the country
importance of national income.
Following are the method of national income accounting :-Product MethodExpenditure MethodIncome Method