NATIONAL INCOME ACCOUTING
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| show | total market value of all final good and services produce unnually within the nation durin agive period of time
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| Good and service produce are divided into 2 categories,what are they?? | show 🗑
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| what is intermediate goods give some examples? | show 🗑
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| show | product that are purchased and ready for consumption
example:an apple purchased by wife * a bicycle purchased by a father.
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| show | *OUTPUT EXPENDITURE
*EXPENDITURE METHOD
*INCOME METHOD
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| show | summings up all the value of all good and services producing in a country.
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| what is expenditure method? | show 🗑
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| show | summs of all incomes of household form of wages ,salaries,profits,rents and interest.
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| show | by adding market value of newly produce good and services EXCLUDES the intermediate goods.
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| how expenditure method is measure? | show 🗑
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| how is income approach measured? | show 🗑
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| show | *{C}>>CONSUMPTION
*{I}>>INVESTMENT
*{G}>>GOVERNMENT EXPENDITURE
*{Xn}>NET EXPORT)/( EXPORT-IMPORT)
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| show | plant,equipmen,building,and inventories of raw material n semi finished goods
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| show | PAYMENT FOR LABOUR SERVICES
Examples:WAGES/SALARIES/WORKERS BENEFITS N OTHER WAGE/ SALLY SUPPLEMENT IF APPLICABLE.
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| show | the incomes from the incoperated business such
FARMERS,PARTNERSHIP,PROFESSIONAL,COPOPERATIVES
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| show | income received by individuals for the use of their nonmonetary assets like house,car,land,offices
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| show | interest households receive on loans minus theinterest households pay on their borrowing
includes
bank deposit, interest earned on loans to firms
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| show | *coperate income tax
*dividens
*undistrubuted corperate profits
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| Pesonal income? | show 🗑
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| disposal income? | show 🗑
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| define GNP? | show 🗑
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| definE GDP Deflator? | show 🗑
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| what is CPI? | show 🗑
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