why national income is NNPFC only?
Dear student
National income is NNPFC because it includes factor income (i.e. rent, interest, profit and wages) accruing to normal residents in the domestic territory of a country and net factor income from abroad during an accounting year.
Regards
National income is NNPFC because it includes factor income (i.e. rent, interest, profit and wages) accruing to normal residents in the domestic territory of a country and net factor income from abroad during an accounting year.
Regards