Net National Income
Net National Income
(NNI) is an
economics
term used in
National income
accounting. It can be defined as the
Net National Product
(NNP) minus
indirect taxes
. It can be expressed as: NNI = C + I + G + (NX) + net foreign factor income + indirect taxes -
depreciation
where:
C =
Consumption
I =
Investments
G =
Government spending
NX = net exports (
exports
minus
imports
)
This formula uses the expediture method of
national income
accounting.
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