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How foreign exchange improves national income?
as national income is the sum of goods and services produced within a country and income from abroad. hence increase in foreign exchange will increase the national income.
What is induced investment?
Business investment expenditures that depend on income or production (especially national income or gross national product). An increase in national income triggers an increase in induced investment expenditures.
Why increase in national income affect increase in standard of living?
An increase in national income affects the increase in the standard of living because an increase in income increases the standard of living. When the national income is low, people are poorer.
Who uses national income accounts?
National income is the sum of factor income accrued to the economic teritory of a country.
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
How foreign exchange improves national income?
as national income is the sum of goods and services produced within a country and income from abroad. hence increase in foreign exchange will increase the national income.
How do you increase national income of the country?
More exports less inports
What is national income and per capita income?
National income- total income of the country Per capita income- average income of the country
What is induced investment?
Business investment expenditures that depend on income or production (especially national income or gross national product). An increase in national income triggers an increase in induced investment expenditures.
Why an exogeneously motivated decrease in exports may impact adversely on the national income?
Since exports increase a country's national income, and are determined by a number of variables, therefore an exogeneously motivated decrease (determined outside domestic control) will obviously have an adverse effect on national income.
What is the negative impact of increase in national income?
causes less export more import thereby reducing the country's current account
Why increase in national income affect increase in standard of living?
An increase in national income affects the increase in the standard of living because an increase in income increases the standard of living. When the national income is low, people are poorer.
Who uses national income accounts?
National income is the sum of factor income accrued to the economic teritory of a country.
How the higher national income will contribute he growth of the economy?
A higher national income reflects an increase in demand from the country itself and exports to outside countries. This contributes to the growth of the economy by increasing employment and wages to meet these demands.
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
Who has the highest gross national income?
The USA still as the highest national income of any country in the world.
How do National Income and per capita income serve as indicators of development?
As it show the income of each person of a country by taking the national income into consideration
