Question : Which of the following are the precautions of calculating national income through expenditure method?
Option 1: Expenditure on intermediate goods will not be included.
Option 2: Transfer payments are not included.
Option 3: Purchase of secondhand goods will not be included
Option 4: All of the above.
Correct Answer: All of the above.
Solution :
Question : Which of the following precautions are taken while calculating national income from income method?
Question : Which of the following are the precautions of value added method?
Question : Which of the following is included in the calculation of GDP?
Question : Which of the following is not a method of measuring national income?
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