Question : Which of the following is not a method of measuring national income?
Option 1: Intermediate goods method
Option 2: Expenditure method
Option 3: Income method
Option 4: Product method
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Correct Answer: Intermediate goods method
Solution : The correct option is the Intermediate goods method .
Intermediate goods, also known as producer goods or semi-finished goods, are goods used in the production of final goods.
The methods of measuring national income are:
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Question : Which of the following is not one of the methods of national income estimation?
Question : The Gross domestic product (GDP) estimation method measuring the aggregate value of goods and services produced by the firms is called _______.
Question : ____________ measures the aggregate production of final goods and services taking place within the domestic economy during a year.
Question : What is the Net National Product?
Question : Which of the following is not a feature of National Income?
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