Question

explain the income method of estimating national income?​

Answer 1

Answer:

Income method. In the income method, the national income is measured by adding up the pretax income generated by the individuals and companies in the economy. It consists of income from wages, rent of buildings and land, interest on capital, profits, etc.

Answer 2

Answer:

Income method. In the income method, the national income is measured by adding up the pretax income generated by the individuals and companies in the economy. It consists of income from wages, rent of buildings and land, interest on capital, profits, etc.

Explanation: