Question

which of the following expenditure of the government is not included in national income​

Answer 1

Answer:

Expenditure method: national income is measured as a flow of expenditure. Includes sum total of private consumption expenditure. Government consumption expenditure, gross capital formation (Government and private) and net exports (Export-Import). It does not include expenditure on second hand goods.

Answer 2

Expenditure method: national income is measured as a flow of expenditure. Includes sum total of private consumption expenditure. Government consumption expenditure, gross capital formation (Government and private) and net exports (Export-Import). It does not include expenditure on second hand goods