Question

Explain how national income is measured by expenditure method

Answer 1

heya ●_●

●●●MARK AS BRAINLIEST●●●




Under expenditure method national income is calculated first by adding up all the items of final consumption expenditure and final investment expenditure within the domestic economy The resulting total is called GDP at MR By subtracting depreciation and net indirect taxes from GDP at MP and adding to its net factor ...