method for measuring national income
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Explanation:
Product Method: In this method, national income is measured as a flow of goods and services. We calculate money value of all final goods and services produced in an economy during a year
Income Method: Under this method, national income is measured as a flow of factor incomes.
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★ Product Method: In this method, national income is measured as a flow of goods and services. We calculate money value of all final goods and services produced in an economy during a year.
★ Income Method: Under this method, national income is measured as a flow of factor incomes.
★ Expenditure Method: ADVERTISEMENTS.
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