When withdrawals exeed injections, AD is too low. The paradox of thrift suggests that if households increase their savings, they may not be saving at all due to the following downward multiplier, which reduces their national income, usually in a two sector economy
It is the locus of combinations of the interest rate and the level of real national income for which desired aggregate expenditure equals actual national income.So called because, in a closed economy with no government, it also reflects the combinations of the interest rate and national income for which investment equals saving, I=S. In general, it reflects points for which injections equal withdrawals.
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
importance of national income.
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When withdrawals exeed injections, AD is too low. The paradox of thrift suggests that if households increase their savings, they may not be saving at all due to the following downward multiplier, which reduces their national income, usually in a two sector economy
It is the locus of combinations of the interest rate and the level of real national income for which desired aggregate expenditure equals actual national income.So called because, in a closed economy with no government, it also reflects the combinations of the interest rate and national income for which investment equals saving, I=S. In general, it reflects points for which injections equal withdrawals.
It is the locus of combinations of the interest rate and the level of real national income for which desired aggregate expenditure equals actual national income.So called because, in a closed economy with no government, it also reflects the combinations of the interest rate and national income for which investment equals saving, I=S. In general, it reflects points for which injections equal withdrawals.
Withdrawals are those amount which taken out from business by owners of business and it is not part of income statement rather it is shown as deduction from owners capital in balance sheet.
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
bcoz its national income
National income- total income of the country Per capita income- average income of the country
importance of national income.
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Following are the method of national income accounting :-Product MethodExpenditure MethodIncome Method
Following are the method of national income accounting :-Product MethodExpenditure MethodIncome Method
national income in nigeria