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National Income and Corporate Profits  Form

National Income and Corporate Profits Form

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Instructions and help about National Income And Corporate Profits

[Music] income it's measure of country's economic activity calulated by summing all goods and services India goods and services [Music] of goods Services includes both tangible products inang you can touch and feel touch andang cars houses in simple terms so incue of goods and [Music] services three types of calculating national income GDP GNP nnp GNP GDP gross domestic product GNP andoss national product nnp and net National product so GDP total value of goods and services he though total value of goods and services produced within geographical Geographic geographical area goods and value of goods and services simp differ GDP G [Music] John is in India okay so now John iPhone manufact joh is manufacturing iPhone iPhone 5 microx microx GDP ofp microx iPhone because GNP total value of GNP total value of goods and services produced by residents are Indians residents are Indians of the country of the minus depreciation so de so National GNP minus depreciation GP total mone

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