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Question : Which of the following is not a method of calculating national income?

 

Option 1: Expenditure approach

Option 2: Income Approach

Option 3: Output approach

Option 4: Tax Approach


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: Tax Approach


Solution : The correct answer is d) Tax Approach

The Tax Approach is not a method of calculating national income. The Tax Approach is not a recognized method for calculating national income. Taxes are considered as a component of the expenditure or income approach, depending on how they are treated in the specific calculation.

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