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About Economics 3 - Economic Theory & Public Finance
National income is defined in 3 sentences: National income is the total market value of all final goods and services produced in a country in a year. It represents the total income and total expenditure in an economy. There are difficulties calculating national income accurately due to problems like double counting, non-market production, and depreciation.
Detailed Information
| Author: | ['Yashas Krishna'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 174 |
| Language: | English |
| Format: | |
| Price: | FREE |
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