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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.
12-03-2008 10:22:39
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The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details