Back to feeds

Hey there, folks! Did you know that countries have not one but three methods to calculate their national income? And each method is unique in its way. The method used to calculate a country's GDP is the Product Method, also known as the Value-Added M

See More

Hiral Jain

Stealth • 7m

The above paragraph is brief about national income accounting This accounting is done by countries to ascertain their position, plan for the future etc. Is NIA an easy task? Definitely not! Therefore it is subdivided We first collect districts' national income then their state's national income and then we aggregate it as our country's national income! There are many things that are added and subtracted In this whole process Ex: depreciation, NFIA (The difference of money we pay to foreign countries, money we earn from foreign country) And we all are a part of this whole process (people who are above 18 and are earning) Fact: the income earned by people below 18 isn't included and income earned by people above 59 is also not included

1 replies1 like
Replies (1)

More like this

Recommendations from Medial

Ankit Sarkar

Stealth • 8d

I have a Ideo of an unique Business. We will sale Product that are not available in India. But the product is available in Foreign countries. We will buy the product form the Foreign countries and Sale it in India.

0 replies2 likes
Anonymous
Image Description
Image Description

What a amazing foreign policy India has . 2 countries leaders are engaged in war but india maintaining best relationship from both countries and gaining profits.

5 replies4 likes
Image Description
Image Description

Hiral Jain

Stealth • 7m

Hey there, folks! Did you know that countries have not one but three methods to calculate their national income? And each method is unique in its way. The method used to calculate a country's GDP is the Product Method, also known as the Value-Added M

See More
13 replies17 likes
3
Image Description
Image Description

Hiral Jain

Stealth • 5m

Arey Mubarak Ho aapki lottery lagi hai, woh bhi 1cr kii!! We call this transfer payment in economics, it means the income that a person gets without providing service/goods. We all know that all of our income is calculated in national income irrespe

See More
4 replies12 likes
Anonymous

We are in list of top 6 nuclear power submirrene countries

0 replies4 likes
Image Description
Image Description

Mr Z

Stealth • 7m

Why do you think guys that israel despite its small size ,has the highest number of startups per capita globally ? Also ,israel is included in many wars and all the countries with which israel share border are israel enemies.

4 replies7 likes

Askan Shaikh

Stealth • 2d

we develop and manage websites anyone want dm are open you wil get the best rate and 2 years management of website by our side is included

0 replies2 likes

ADK Consultancy

Stealth • 7h

We are providing end to end service which help to grow Your Business, Use our 18+ Years of Experience in Your Business

0 replies
Image Description
Image Description

Abdul Samad Pathan

Stealth • 11d

"India’s startup ecosystem is booming, but why do we still rely so heavily on foreign investments? Are we building businesses for India or just for global VCs? 🤔 Let’s discuss." #FinancialIndependence #IndiaStartups

4 replies4 likes
1
Anonymous
Image Description
Image Description

Problems That india needs to solve as soon as possible otherwise in future we face civil war type situations. 1=} Worst Education Policies 2=} Unemployed Youths 3=} Unskilled Lebour + Youth 4=} High Population Growth Rate 5=} Over Dependency on

See More
3 replies7 likes
1

Download the medial app to read full posts, comements and news.