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What is the purpose of the Expenditure Method in measuring national income?
  • a)
    To calculate factor incomes.
  • b)
    To measure the value-added at each stage of production.
  • c)
    To measure the average income of individuals.
  • d)
    To sum up private consumption, government consumption, gross capital formation, and net exports.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of the Expenditure Method in measuring national in...
The Expenditure Method sums up private consumption, government consumption, gross capital formation (both government and private), and net exports to measure national income.
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What is the purpose of the Expenditure Method in measuring national income?a)To calculate factor incomes.b)To measure the value-added at each stage of production.c)To measure the average income of individuals.d)To sum up private consumption, government consumption, gross capital formation, and net exports.Correct answer is option 'D'. Can you explain this answer?
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What is the purpose of the Expenditure Method in measuring national income?a)To calculate factor incomes.b)To measure the value-added at each stage of production.c)To measure the average income of individuals.d)To sum up private consumption, government consumption, gross capital formation, and net exports.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of the Expenditure Method in measuring national income?a)To calculate factor incomes.b)To measure the value-added at each stage of production.c)To measure the average income of individuals.d)To sum up private consumption, government consumption, gross capital formation, and net exports.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of the Expenditure Method in measuring national income?a)To calculate factor incomes.b)To measure the value-added at each stage of production.c)To measure the average income of individuals.d)To sum up private consumption, government consumption, gross capital formation, and net exports.Correct answer is option 'D'. Can you explain this answer?.
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