formulas of calculating national income

formulas of expenditure method

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private final consumption expenditure+gvt final consump exp+gross domestic capital frmation+net exports

gross domestic capital frmation is sometime nt given instead of tht gross domestic fixed capital formation

so to find gross domestic capital frmation we add gross domestic fixed capital frmation+change in stock

change in stock=op stck-clo stck

net export=export-import

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Please find this answer

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National income methods
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By value added method Value of output-intermediate consumption=value added=gvamp=gdpmp Convert to nnpfc National income got
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