Question

what are the formula used in income method
a) rent + wage + interest + profit
b) market price of good
c) market price of good and services
d)consumption+ saving​

Answer 1

Answer:

d)consumption+ saving. answer ho jaye ji bhai

Answer 2

Explanation:

Using the expenditure approach, national income can be represented as follows: National Income = C (household consumption) + G (government expenditure) + I (investment expense) + NX (net exports).