National Income Accounting
National Income Accounting
Circular Flow of Income and Expenditure: Introduction and Two Sector Model Analysis
- Circular flow diagram shows the flow of money and expenditure in an economy with refrence...}
National Income Accounting
Circular Flow of Income and Expenditure in Three Sector and Four Sector Economy
- Three sector model consists of household, business and government sectors.
- It is...}
National Income Accounting
Meaning and Various Concept of National Income
- National income mesures the total amount of inome earned my country within a time frame.&n...}
National Income Accounting
Various Concept of National Income
- Real GDP is the actual production of national economy.
- Lower the value of GDP ga...}
National Income Accounting
Three approaches of Measurement of National Income and Its Measurement Difficulties
- National income is measured by three methods: product, income and expenditure methods.