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In two sector economy national product …

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In two sector economy national product is equals to national income

Posted by Pieush Kejriwal 1 year, 7 months ago

CBSE > Class 11 > Economics

1 answers

Muskan Saha 1 year, 6 months ago

It means ,total money value of output is given to factors of production in the form of rent, wages, interest and profit for their services. so, national product is exactly equal to national income.

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CBSE > Class 11 > Economics