📍NATIONAL INCOME
🔸National Income is usually defined as the total Value of all final goods and services produced in a country in a particular period (Generally one year).
🔸Following are the measures of National Income-
(A) GDP (Gross Domestic Product)
(B) GNP (Gross National Product)
(C) NNP (Net National Product)
(D) PI (Personal Income)
(E) DPI (Disposable Personal Income)
🔸National Income is usually defined as the total Value of all final goods and services produced in a country in a particular period (Generally one year).
🔸Following are the measures of National Income-
(A) GDP (Gross Domestic Product)
(B) GNP (Gross National Product)
(C) NNP (Net National Product)
(D) PI (Personal Income)
(E) DPI (Disposable Personal Income)