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Which method of measurement treats national income as a flow of goods and services?
  • a)
    Income Method
  • b)
    Expenditure Method
  • c)
    Product Method
  • d)
    Value-Addition Method
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which method of measurement treats national income as a flow of goods ...
The product method treats national income as a flow of goods and services. It calculates the money value of all final goods and services produced in an economy during a year.
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Which method of measurement treats national income as a flow of goods and services?a)Income Methodb)Expenditure Methodc)Product Methodd)Value-Addition MethodCorrect answer is option 'C'. Can you explain this answer?
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