Archive | Measurement

Let us make an in-depth study of the present method for measuring national income in India. The estimates of national income of a country obtained by adopting the three methods of measuring national income should produce the same figure. This is because it is the same thing - final goods and services - which is being looked at from three [...]

Let us make an in-depth study of National Income Concepts and Its Measurement:- 1. Meaning and Definition of National Income or National Dividend 2. Different Concepts of National Income 3. Importance of National Income Analysis. Meaning and Definition of National Income or National Dividend: The total income of the nation is called national income. In real terms, national income is [...]