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National Income123

National Income123

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Published by Durga Prasad Dash

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Published by: Durga Prasad Dash on May 13, 2010
Copyright:Attribution Non-commercial

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05/13/2010

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NATIONAL INCOMENATIONAL INCOME
 
GDP
= Market value of all finalgoods and services produced in the
Domestic Territory
of a country ina financial year.So it is summation
PQ
,all atcurrent prices .So it is GDPmpIncludes only those with marketvalue..
GNP(Gross National Product)mp
 = GDP+ Net factor income fromabroad.
NNPmp(Net nation. Pro) =
GNP – depriciation
NNPfc
= NNPmp – Indirect taxes+ subsidy (
NATIONALINCOME
)
 
THE IDENTITYTHE IDENTITY
 
GNP = GNI = GNE

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