The national income
declined from NIS 414.6 billion to NIS 398.1 billion (a decrease of 4%).
Two transformations are required in order to obtain a measure of national income
. In the Hicksian definition, an economic agent's income is the maximum amount which it can consume during the relevant period without changing the real value of its assets, or wealth.
In the traditional view, money demand is a function of national income
([theta] = 0).
The initial chapter discusses the concept of national income
estimation and its limitations.
Yet the continuous time analysis usually employed in growth theory does not explain how national income
may fluctuate from period to period and in the medium term with reference to domestic and international factors, including consumption, investment, government spending, the current account balance, world interest rates, and capital flows.
7 Gross national income
19,590.1 19,762.1 19,957.4 20,179.2
September 25 2011 (TUR) -- Turkish Development Minister Cevdet Yilmaz said that Turkey targeted to have more than two trillion USD of national income
Social welfare spending, including pension and medical insurance payouts, rose to a record high of 83.57 trillion yen in fiscal 2002, equivalent to an all-time high of 23.03 percent of national income
, a government research institute said Monday.
BRUSSELS, Jun 21, 2011 (TUR) -- The difference between Turkey and the EU is diminishing in terms of national income
In contrast, net income from assets by Japanese banks and other financial institutions fell by 400 billion yen to 23.6 trillion yen, the first decline in four years, the EPA said in an annual report on national income
(3.) Gross national income
deflated by the implicit price deflator for