position and type of job you have
The income factor affecting income elasticity of demand is weather or not goods are necessities of luxury.
technology level of income
A country's national income is simply: Amount of economic activity happening - production of real goods & wages. There are several ways to measure this (Net output method, Net Product method, Value Addition etc.) Factors affecting the national income are Labor, Capital, Land and Entrepreneurship. In essence, this means NI = Wages + Interest + Rent + Profit Note that NI is basically the GDP of the country subtracted the amount of capital consumed in producing that GDP, added/subtracted by foreign income flow and govt. subsidies.
There are a number of social factors that affect business in any environment. Some of the common factors include age, education level, income and culture among others.
National income at factor cost is the measure of national income or output based on the cost of factors of production.This allows the effect of any subsidy or indirect tax to be removed from the final measure. National income at market prices is the total income receivable plus taxes on production and imports less subsidies.
The income factor affecting income elasticity of demand is weather or not goods are necessities of luxury.
position and type of job you have
technology level of income
They are factors affecting demand other than
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Disposable Income. income Economy uncertainty in economy inflation Climate
Leader Development & National Interests
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Leader Development & National Interests
factors affecting choice of color
A country's national income is simply: Amount of economic activity happening - production of real goods & wages. There are several ways to measure this (Net output method, Net Product method, Value Addition etc.) Factors affecting the national income are Labor, Capital, Land and Entrepreneurship. In essence, this means NI = Wages + Interest + Rent + Profit Note that NI is basically the GDP of the country subtracted the amount of capital consumed in producing that GDP, added/subtracted by foreign income flow and govt. subsidies.
factors affecting forgetting