Measurement of National Income-Different Methods

Transcript

What is National Income? We have already studied that National Income is net money value of Goods ansd Services Produced by normal residents of a country after Depreciation it is also called Net National Product at Factor Price (NNPFC ) How it is measured? It is measured by one of 3 methods Value Added Method Income Method Expenditure Method Lets learn about it one by one NCERT Questions No questions in this part Other Books Questions 1 What are the various methods of calculating National Income? -a- National Income is net money value of Goods and Services Produced by normal residents of a country after Depreciation it is also called Net National Product at Factor Price (NNPFC ) It is measured by one of 3 methods Value Added Method Income Method Expenditure Method -ea-