Which expenditures are not inclueded in the expenditure method of National income
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The expenditure method of calculating National Income or Gross Domestic Product takes into account the final goods and services produced in a country during a period of time. However, the expenditure method excludes expenditures that are done on the purchase of shares and bonds and second-hand goods.
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Explanation:
The expenditure method of calculating National Income or Gross Domestic Product takes into account the final goods and services produced in a country during a period of time. However, the expenditure method excludes expenditures that are done on the purchase of shares and bonds and second-hand goods
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