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Introducing the National Income: National Income(NI) accounting is defined as a system used to estimate national income and its components, an approach to measuring an economy’s aggregate performance. NI refers to the total income or revenue of the nation in a particular period of time. According to Wikipedia or encyclopedia; In national income accounting, net national income (NNI) is net national product (NNP) minus indirect taxes. Net national income encompasses the income of households, businesses, and the government. And, Dictionary meaning of NI; the total amount of money earned within a country. It is calculated as: NI= (Y1+Y2+Y3+….. … ..+Yn) Methods of Measuring National Income (NI) With Figure:   We have altogether 3 approaches or methods to measure National Income;  1.Expenditure Method also known as(aka) Spending Method 2.Income Method also know as (aka) Share Distributive Method 3.Product Methods also know as (aka) Inventory or Value ...