Question : Which of the following options does not constitute a national income measurement method?
Option 1: Credit method
Option 2: Product method
Option 3: Income method
Option 4: Expenditure method
Correct Answer: Credit method
Solution : The correct answer is the Credit method .
Product, income, and expenditure methods are the methods of measuring national income. The product method measures the national income as a flow of goods and services. The total monetary value of all the goods and services produced within a country during a given period is known as the national income.
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