Business Studies, asked by sehersheikh856, 9 months ago

Demerits of the output approach in measuring national income

Answers

Answered by prashikgawai2001
1

Explanation:

Demerits of the output approach in measuring national income.

  • It excludes crucial services that contribute to national income but not paid for like government services, and self-employment.
  • It is difficult to make a decision about the goods and services to include in this measure.
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