Question : Expenditure method is also known as__________________.
Option 1: Income disposal method
Option 2: Income spending method
Option 3: Factor income method
Option 4: None of the above.
Answer (1)
21st Jan, 2024
Correct Answer: Income disposal method
Solution :
Expenditure method is also known as income disposal method.
It includes four compenents.
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Private final consumption expenditure.
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Government final consumption expenditure.
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Gross domestic capital formation.
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Net exports
Hence, Option A is correct.
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