National Income Microeconomics System Assignment Help

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National Income

The word national income implies the aggregate amount of goods and services manufactured in an economy during a given time period which is normally one year. National income can be estimated by employing any of the following three methods depending on the situation. The three methods are:

• Product method
• Income method
• Expenditure method

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Microeconomics Systems - Part A

1. Economy and its Central Problems
2. Production Possibility Curve (PPC)
3. Comparative Economic Systems
4. National Income
5. Occupational Structure

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