Why is national income so important for common man???
National income national income is the flow of goods and services produced in an economy during a year and prefers to wear and Tear of Capital Asset due to their use in process of production Introduction The total national income of national is called national income nationalism is compliance measures of all economic activity series production and distribution exchange on the unit also an objective indicator of economic Welfare of the people in country according to National Income committed NIC a national instrument measures the volume communities and service based on out during a given period Cottage without duplication dividend income cancer society's of services as received by ultimate country was whether from their material or from their human environment Feature of national income The features of national income are national income is an microeconomic concept national income includes net income from abroad net income is calculated for every economic theory active...