2) What is national income and why is it calculated? Explain the three main methods of computing national income?(250 words)

Topic– Part of static series under the heading – “National income – methods” 2) What is national income and why is it calculated? Explain the three main methods of computing national income?(250 words) Key demand of the question The question is quite self explanatory its demand. First we need to explain what NI is, how …