A very high rise in National Income at current market prices and a low rise at constant prices reveals–
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A very high rise in National Income at current market prices and a low rise at constant prices reveals–

A very high rise in National Income at current market prices and a low rise at constant prices reveals–
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A very high rise in National Income at current market prices and a low rise at constant prices reveals–

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When national output is multiplied by present ruling price, we obtain National Income at current prices. On the other hand, if the national output is multiplied by the base price is called National Income at constant price. 

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