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What do you mean by expenditure method of measuring national income? - Economics

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Question

What do you mean by expenditure method of measuring national income?

Very Short Answer
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Solution

The expenditure method is a method that measures national income by combining final investment expenditure and finance consumption expenditure on the domestic product in a given accounting year.

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Chapter 33: Measurement of National Income - TEST QUESTIONS [Page 33.18]

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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. 5. | Page 33.18
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