discuss the method of measuring the …
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Meghna Thapar 5 years, 4 months ago
The Income Method measures national income from the side of payments made to the primary factors of production in the form of rent, wages, interest and profit for their productive services in an accounting year. Thus, national income is calculated by adding up factor incomes generated by all the producing units located within the domestic economy during a period of account.
Alternative Methods Used for Measuring National Income
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