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Calculate national income by income method …

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Calculate national income by income method and expenditure method

Posted by Abhinav Shroff 2 years, 5 months ago

CBSE > Class 12 > Economics

1 answers

Sakshi Dubey 2 years, 4 months ago

National income through income method is calculated by measuring the aggregate value of factor payment. NI = R + W + I + P + MI + (X-M) Through measuring the aggregate value of spending received by the firms, we can calculate National Income. This method is known as Expenditure method. NI = C+ I+ G+ (X-M) +(R-P)

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