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Methods of calculating national incomr

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Methods of calculating national incomr

Posted by Kriti Kumari 6 years, 7 months ago

CBSE > Class 12 > Economics

1 answers

Annu Nisal 6 years, 7 months ago

3 methods of calculating national income i.e. 1: valu added method 2:- income method. ((( Rent + profit( retain earning+ dividend+ corporate tax ) + interest + royalty+ mixed income + compensation to employees ( contibution of employers+ wages and salary ))) 3:- expenditure method . (((((Private final consumption expenditure + government final consumption expenditure + net export( export - import) + gross domestic capital formation ( goss domestic fixed capital formation + change in stock( closing stock - opening stock))))

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