National income calculateing formulas
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Yogita Ingle 4 years ago
National Income = C + G + I + X + F – D
Where,
C denotes the Consumption
G denotes the Government expenditure
I denotes the Investments
X denotes the Net Exports (Exports minus Imports)
F denotes the National Resident’s Foreign Production
D denotes the Non-National Resident’s Domestic Production
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