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National Income

National Income

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Published by CHONG
National income is about a little financial....it is useful if you take a course about business accounting. it will help you.
National income is about a little financial....it is useful if you take a course about business accounting. it will help you.

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Published by: CHONG on Nov 28, 2008
Copyright:Attribution Non-commercial

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06/08/2013

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NATIONAL INCOMENATIONAL INCOME
 PREPARED BY: PREPARED BY:
MS. SHALIZA AMIRA BINTI SARIFMS. SHALIZA AMIRA BINTI SARIF
 FOR: FOR:
CBA 102- PRINCIPLES OF ECONOMICCBA 102- PRINCIPLES OF ECONOMICSPP 1SPP 1
 
DEFINITIONDEFINITION
The aggregate income of the country earnedThe aggregate income of the country earned by the national through the production of  by the national through the production of goods and services for a certain period of time,goods and services for a certain period of time,usually a year.usually a year.
The general term referring to the annual outputThe general term referring to the annual outputin terms of goods and services producedin terms of goods and services producedduring a particular period of time, usually aduring a particular period of time, usually ayear. (Lim Chong Yah)year. (Lim Chong Yah)
 
METHODS OF CALCULATINGMETHODS OF CALCULATINGNATIONAL INCOMENATIONAL INCOME
INCOME APPROACH
OUTPUT / PRODUCTAPPROACH
EXPENDITURE APPROACH

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