Question

how national income of a country is measured ? explain the three methods of measuring national income​

Answer 1

Answer:

The national income of a country can be measured by three alternative methods: (i) Product Method (ii) Income Method, and (iii) Expenditure Method. 1. Product Method: ... In this method, national income is measured as a flow of goods and services

Answer 2

Answer:

The national income of a country can be measured by three alternative methods: (i) Product Method (ii) Income Method, and (iii) Expenditure Method. 1. Product Method: ... In this method, national income is measured as a flow of goods and services.

Explanation:

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