National Income
Date Submitted: 09/10/2006 01:21:56
Category: / Literature / North American
Length: 10 pages (2855 words)
Category: / Literature / North American
Length: 10 pages (2855 words)
Abstract
Gross Domestic Product is the most important economic variable, and therefore much time and efforts are dedicated to its studies. In this paper I will analyse the determinants of the national income, its distribution to the factors of production, the determinants for good and services, and the factors which bring the supply and demand for goods and services into equilibrium.
List of Content:
1. Definitions
2. Determinants of National Income
3. Distribution of National Income to the …
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…demand raises the interest rate, and the quantity of investment will be increased only in the case when the higher interest rates encourage additional saving.
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References:
Braun, G.-H.(2003).Possible Means of Encouraging Development :Mobilisation of Saving Capital in Third World Countries. Washington, D.C: Center for International Private Enterprise
Mankiw, N.G. (2000).Macroeconomics. New York: Worth Publishers
Parkin,M., Powell,M., Matthews,K (2000).Economics. Harlow, England: Pearson Education Limited.
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