National Income Form 3 Business Studies
Click the button below to download the full Business Studies Form 3 Notes pdf document with all the topics. Business Studies Form 3 CAT 2 Term 2 1.
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Form 3 teaching notes for Business Studies.
National income form 3 business studies. 1 Expenditure approach The national income is arrived at by adding together the expenditure on all final goods and services in the economy. Form 3 business notes. Get more business notes.
This is the total monetary value of all goods and services produced in a country during. Page 1 of 9. National Income - Business Studies Form 3.
Form 3 Business Studies - Notes on ledger cashbook and national income included. Form 2 business notes. Using a diagram describe the circular flow of income.
BUSINESS STUDIES FORM 3 NOTES. National income maurice nyamoti manyam franchise presents form three. A Expenditure on consumer goods by the general public C.
KCSE business studies syllabus. Identify FIVE factors that influence the level of national income in a country 5mks 3. National income may be measured using the following methods.
B Level of consumer. Ask a question related to this topic in the comment section below. BBA MBA Notes Exam Studies.
2142018 1 Comment OBJECTIVES. Readers digest Indicates required field. Comprehensive Form 3 business studies notes for students and teachers.
Form 3 form 2 and form 1 topics included in questions. State FIVE problems of measuring national income using the output approach 5mks 2. The total expenditure is broken into the following stages.
National income therefore refers to the total value of goods and services produced legally in a country over a given period of time usually. Such expenditure is divided into. National Income Form 3 Business Studies notes This is the total income received by the providersowners of the factors of production in a given country over a given.
Were these notes helpful. It covers the entire Business Studies Form 3 syllabus for the preparation of national and local exams. BUSINESS STUDIES FORM 3 NOTES.
Click here to download the pdf version of National Income - Business Studies Form 3 Notes and read the full contents of this page. Expenditure on consumer goods C Expenditure on capital goods I Expenditure by government G Expenditure on net exports X M Therefore national income CIGX M. Factors that influence the demand of a productdeterminant of demand.
Read 972 times Last modified on Friday 16 October 2020 0737. NATIONAL INCOME - KCSE BUSINESS STUDIES NOTES AUDIOVISUALS QUESTION AND ANSWER. B Expenditure on capital goods.
Q A NATIONAL INCOME. National income is arrived at summing expenditure on all final goods and services that have reached the final stage of production. Inventor Bstudies F3 pg 57 4 National income Meaning of national income By the end of the lesson the learner should be able to explain the meaning of national income Discussion - Text books -Charts showing the flow of money in an economy Business studies form 3 pg 67.
With output approach book Form3 63-64 3 National Income Uses of National income statistics Indicators of standards of living Comparing standards of living in different countries Assessing the performance of economy over time Assisting the government to practice economy By the end of the lesson the learner should be able to. State four problems encountered in comparing standards of living in different countries using national income statistics 2. Form 1 business notes.
A Price of the commodity When the price of a product increases its demand decreases and when the price decreases its demand increases. Outline four limitations of expenditure approach used in measuring national. FORM 3-Topic 19-NATIONAL INCOMEpdf View Download.
Gross Domestic Product GDP. Form 4 business notes. 1500 Demand and Supply 20 Lessons 1600 Size and Location of a Firm 14 Lessons 1700 Product Markets 10 Lessons 1800 Chain of Distribution 6 Lessons 1900 National Income 20 Lessons 2000 Population and Employment 10 Lessons 2100 Net Worth of a Business 8 Lessons.
KCSE business studies summarized revision PDF notes. Business Studies Notes FREE pdf Downloads. The government collects data on legal production activities to determine the national income of a country.
Describe the uses of national income statics Discussions Asking and answering questions Taking notes Text book Longman Explore Business studies. 21 18 business studies topic 19. 1500 Demand and Supply 20 Lessons 1600 Size and Location of a Firm 14 Lessons 1700 Product Markets 10 Lessons 1800 Chain of Distribution 6 Lessons 1900 National Income 20 Lessons 2000 Population and Employment 10 Lessons 2100 Net Worth of a Business 8 Lessons.
Form 3 Business Studies Notes. Business Studies Notes Form 3 10 This category contains Business Studies Form 3 notes as aggregated from the various high school approved text books including KLB etc. State the limitations of using national income statistics to compare standards of living in different countries 5mks 4.
People in a given country normally engage in activities that involve production of goods and services. Explain five factors that may influence the level of national income of a country 4.
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