Question

explain the expenditure method of calculating national income​

Answer 1

Answer:

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 income from abroad, we get NNP at FC or national income. Thus, under expenditure method, national income is measured at the point of actual expenditure.

Explanation:

Sorry if wrong

Answer 2

$\huge\pink{ᴀɴsᴡᴇʀ♡}$

The expenditure method is the most widely used ɑpproɑch for estimɑting GDP, which is ɑ meɑsure of the economy's output produced within ɑ country's borders irrespective of who owns the meɑns to production. The GDP under this method is cɑlculɑted by summing up ɑll of the expenditures mɑde on finɑl goods ɑnd services.