Economics and Business Economics
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National Income Author: Paulo Nunes (Economist, Professor and Business Consultant) Contributions: without contributions ... if you are an expert in this field help us to enrich our site ... contact us knoow.net@gmail.com Date Created: 25/05/2011 Summary: National Income corresponds to the totality of incomes from the productive factors remuneration, namely the... see full article Key words: Economics, Comment or read other comments on this article |
National Income |
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National Income Concept National Income corresponds to the totality of incomes from the productive factors remuneration, namely the work remuneration (salaries) and capital remuneration (rents, interest and profits distributed by the companies to its owners). An alternative way to calculate the National Income is to reduce from the GNP the depreciations and direct taxes (taxes which directly affect the incomes from the work and from the capital).
Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt.
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