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)
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
Alfred marshall
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)
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.
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.
in 2004 national income of India was $672.8billion!
national income = NNP ( net national product) - indirect business taxes