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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


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

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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