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    • Net national product (NNP) minus indirect taxes

      • In national income accounting, net national income (NNI) is net national product (NNP) minus indirect taxes. Net national income encompasses the income of households, businesses, and the government.
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  2. Oct 12, 2022 · Written by MasterClass. Last updated: Oct 12, 2022 • 4 min read. There are a variety of ways to calculate the national income of a country, all of which attempt to determine the total market value of all goods and services produced in a country over a specific period of time.

  3. Net national income (NNI) is defined as gross national income minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure) through wear and tear and obsolescence.

  4. Net national income is defined as gross domestic product plus net receipts of wages, salaries and property income from abroad, minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure) through wear and tear and obsolescence.

  5. Mar 29, 2024 · Net National Income (NNI) Net National Income (NNI) refers to Gross National Income minus the Depreciation of fixed capital assets. Thus, it takes into account the losses due to depreciation. Prominent metrics for measuring the Net National Income (NNI) are: Net Domestic Product (NDP), and; Net National Product (NNP) Net Domestic Product (NDP)

  6. Net national income (NNI) is defined as gross national income minus the depreciation of fixed capital assets (dwellings, buildings, machinery, transport equipment and physical infrastructure) through wear and tear and obsolescence.

  7. Contents. 1Overview. 2Gross National Product. 2.1Real and nominal values. 2.2Depreciation and Net National Product. 3Gross Domestic Product. 3.1Measuring GDP. 3.2Net Domestic Product. 4Gross National Income. 4.1Net National Income. 5GDP vs. GNP. 6Relationship to welfare. 6.1GNP. 6.2GDP. 6.3Critique by Austrian economists. 7Conclusion. 8References.

  8. A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income (NNI adjusted for natural resource depletion – also called as NNI at factor cost).

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