Question : Exports of mangoes by India are a part of ________ method of measurement of its national income.
Option 1: circular income
Option 2: value added
Option 3: expenditure
Option 4: income
Correct Answer: expenditure
Solution : The correct option is expenditure .
Mango exports are one aspect of India's expenditure method for calculating national income. By totalling all of the economic expenditures, the expenditure approach determines the country's revenue. It consists of government expenditure, investment, consumption, and net exports (exports less imports).
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