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Aug 28 2011

How do I calculate national income from NDP?

I have a formula and it says:

NDP – indirect business taxes – business tranfers – net foreign income + other business income = National income

I don’t know if there’s a better formula, but if not, then does anyone know what “other business income” would be? And would net foreign income be equivalent to net interest? I am so lost in this class. I appreciate ANY help I can get! Thank you!

This conversation was published at Accounting Services of Charlotte, NC

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