Economy, asked by PragyaTbia, 1 year ago

Money facilities estimation of national income. (State whether the statement is TRUE or FALSE)

Answers

Answered by saurabhsingh54
3
I think...it's true

Hope it's help you... :)
Answered by Anonymous
0

Answer:

True

Explanation:

Money facilities estimation of national income - True

An estimate of national income measures the volume of commodities and services in a specified period, without duplication. ".. National income is therefore not a stock, but a flow. It measures the community's complete productive capacity over the specified period.

The three most prevalent techniques are the technique of adding value, the method of revenue, and the method of spending. At each stage of its manufacturing, the value-added technique focuses on the value added to a product and the money. The revenue technique focuses on revenue from production factors such as land and labour.

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