Question

Q.2. Complete the Correlation :
1)
1: C+I+G+ (X-M) :: GNP: C+I+G
+ (X-M) + (R-P)
:: Income method :
2) Output method :
Factor cost method
3) Theoretical difficulty : Transfer payments :
: Valuation of Inventories​

Answer 1

Answer:

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Explanation:

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Answer 2

Answer

GDP: C+I+G+(X-M) :: GNP: C+I+G

+ (X-M) + (R-P)