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ECONOMICS NOTES FOR CLASS 12

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methods ot caicuioting natonai income "Value added- value df out put
- s the Sum total of value adding +¢intermediate co rsumpion) is
in the economs.’value adding method o value of altput Saies
- asthe sum total of income gen valve of utput- saleSt
Stock
-ergted in the economs.i’ income method
- a5 the Sum totalof expenditure intermediate conb umptior
on fingl qoods and servi ces. i’ Expenditure met. refers to non factor
inputs.
Vafue added hod:
- Valve added method measureS nationgl " Stock CS-0-6
income in terms of value additon bs ech
Pro ducing enter prise in the eco normy during note: n value
an accounting year. This is al5o RnoNn a5 additionmetnod
indusirial oriqir method or Net out put GDP is cnlculated
metno but nationd income
is NNP (conversign
needea)

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Uploaded on
July 21, 2024
Number of pages
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Written in
2023/2024
Type
Class notes
Professor(s)
Noor
Contains
12th

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