National Income | Net Factor Income From Abroad | Class 12th Macroeconomics

What you will learn in this video: ​What is National Income and how is it calculated? ​What exactly is Net Factor Income from Abroad (NFIA)? ​The core difference between Domestic Income and National Income. ​The 3 key components of NFIA (Net Compensation of Employees, Net Income from Property & Entrepreneurship, Net Retained Earnings). ​How to tackle numerical problems involving NFIA without making common mistakes.