Economy, asked by shaikhfirdous11, 1 month ago

write short notes income method of measuring national income​

Answers

Answered by AnshPratihar
1

Explanation:

Income Method. Under this method, we add all the incomes from employment and ownership of assets before taxation received from all the production activities in an economy. Thus, it is also the Factor Income method. ...

Expenditure Method. This method measures the total domestic expenditure of the economy.

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