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According to economic concepts, income includes all gains and losses; from any source, which in the measurement or determination of the amount should consider the effect of price level changes. Medium according to accounting concepts, income includes only realized gains and all losses (including those that have not actually happen but most likely will happen); that in the measurement or determination of the amount is not necessary to consider the effect of price level changes.
the factores need to be considered for measuring income are following1-estimates2-accounting methods3-disclosure of incentives4-deferent need of users
1-distribution of national income. 2-change in the interest rate. 3-change in the fiscal policy of the state. 4-sudden changes in the income of individuals.
