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What is the primary focus of the Expenditure Method of calculating National Income?
  • a)
    Calculating the total factor income earned by residents.
  • b)
    Measuring the value of all final goods and services produced.
  • c)
    Estimating the net factor income from abroad.
  • d)
    Summing up private consumption expenditure, government consumption expenditure, gross capital formation, and net exports.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the primary focus of the Expenditure Method of calculating Nat...
The correct answer is Option D. The Expenditure Method focuses on calculating National Income by summing up private consumption expenditure, government consumption expenditure, gross capital formation, and net exports (export minus import).
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What is the primary focus of the Expenditure Method of calculating National Income?a)Calculating the total factor income earned by residents.b)Measuring the value of all final goods and services produced.c)Estimating the net factor income from abroad.d)Summing up private consumption expenditure, government consumption expenditure, gross capital formation, and net exports.Correct answer is option 'D'. Can you explain this answer?
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What is the primary focus of the Expenditure Method of calculating National Income?a)Calculating the total factor income earned by residents.b)Measuring the value of all final goods and services produced.c)Estimating the net factor income from abroad.d)Summing up private consumption expenditure, government consumption expenditure, 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 primary focus of the Expenditure Method of calculating National Income?a)Calculating the total factor income earned by residents.b)Measuring the value of all final goods and services produced.c)Estimating the net factor income from abroad.d)Summing up private consumption expenditure, government consumption expenditure, 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 primary focus of the Expenditure Method of calculating National Income?a)Calculating the total factor income earned by residents.b)Measuring the value of all final goods and services produced.c)Estimating the net factor income from abroad.d)Summing up private consumption expenditure, government consumption expenditure, gross capital formation, and net exports.Correct answer is option 'D'. Can you explain this answer?.
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