Maharashtra State Board course HSC Science (General) 12th Board Exam
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Distinguish Between :Output Method and Expenditure Method. - Economics

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Question

Distinguish between :

Output method and Expenditure method.

Solution

Basis of Difference Output Method Expenditure method
Result Gives gross domestic product at market price  Gives gross national product at market price
Users This method is used by underdeveloped and developing countries. This method is hardly used by any country due to practical difficulties.
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APPEARS IN

 2012-2013 (March) (with solutions)
Question 3.1.5 | 2.00 marks

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Solution Distinguish Between :Output Method and Expenditure Method. Concept: Main Market Forms.
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