Elucidate and discuss these three measures including the, Ask an Expert

Economics

Explanation of three methods of national income accounting.

Economists think of national or "aggregate" income in three ways. Elucidate and discuss these three measures, including the difference between "gross" and "net" income, as well as the difference between "nominal" and "real" income.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M921905

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