Question

which are the three methods estimating national income?​

Answer 1

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.