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What is ment by income method?

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What is ment by income method?

The Income Method measures national income from the side of payments made to the primary factors of production in the form of rent, wages, interest and profit for their productive services in an accounting year. ... Hence, value of national income method should be the same as the one calculated by value added method.

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Does national income come by all three method is same ? Give reason in support of your answer.?

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In NI accounting, intermediate consumption are not included. So, fees to lawyers, CA's is not included. But by income method they should be added as mixed incomes. b'cuz they r self-employed. so plz clear this?

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For calculating national income by expenditure method, change in stock is added to Gross domestic capital formation or Net domestic capital formation?

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For calculating national income by expenditure method, if net domestic capital formation is given what is its treatment? does it change to NDP at mp?

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Find the NDPfc, NNPmp and NNPfc from the following using income method:- Net factor income from abroad=2000 Undistributed profit= 400 Mixed income=1500 Wages and rent=2500 Net indirect tax=1800 Depreciation=200 Divident=1000 Interest=500?

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