National Income

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 Factors of Production:
a)<Tab/>Firm's Demand for Labor;…