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How is the national income measured by expenditure method? - Economics

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Question

How is the national income measured by expenditure method?

Very Short Answer
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Solution

The expenditure approach adds the final investment and consumption expenditures for an accounting year to determine the national income.

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Chapter 33: Measurement of National Income - TEST QUESTIONS [Page 33.19]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 33 Measurement of National Income
TEST QUESTIONS | Q A. 13. | Page 33.19
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