National Income is essentially what a country produces in a given year. It takes into account the value of all the goods and services in an economy. The term is interchangeable with GDP or GNP (2 slightly different concepts)
compensation of empoloyees
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.
Following are the method of national income accounting :-Product MethodExpenditure MethodIncome Method
national income in nigeria
compensation of empoloyees
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
components of our national territory
bcoz its national income
National income- total income of the country Per capita income- average income of the country
importance of national income.
inflation
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
National income is a part of GDP. GDP is a broader term.
national income = NNP ( net national product) - indirect business taxes