Question

Which of the following expenditures are not included while estimating national income by expenditure method?

Options

• Expenditure actual or imputed expenditure an all final product

• Expenditure incurred on the purchase of second-hand goods

• Expenditure on financial assets like shares and bonds

• Expenditure on intermediate products

Answer 1

Expenditure incurred on the purchase of second-hand goods, Expenditure on financial assets like shares and bonds, and Expenditure on intermediate products.