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Answer» Heya.....
See here for your answer........
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In the context of NATIONAL income estimation triple identity refers to the THREE FORMULAS to find the national income that are...
"" Value added methods --
That method which leads to the cost of production all over goods that are being demanded in an economy ..
"" Income method --
That method who clear the national income by analysing the income factor income earned by the normal residents of a country ..
"" Expenditure method --
That method who show the total expenditures made in an economy to done transactions...
And when all threads get equal it became triple identity of the national income...
Production = Income = Expenditure
THANK you
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