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Economics 2

Concept of National Income

takriban dakika 1 kusoma

Mada za sehemu hiiNational IncomeMada 4
  1. Concept of National Income
  2. National income computation
  3. Investment theory
  4. Income Inequality

Definition

Is the total flow of income obtained by individual in an economy within a year.

OR

Is the total value of all the expenditure by different people, government within an economy at a period of one year.

OR

Is the value of final goods and service produced by a given country within a year.

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