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What is the fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. 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 fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. 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 fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. Can you explain this answer?.

Solutions for What is the fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

Here you can find the meaning of What is the fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What is the fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What is the fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the fundamental difference between the Product Method and the Income Method of calculating National Income?a)The Product Method considers the value of intermediate goods, while the Income Method does not.b)The Product Method focuses on final goods and services, while the Income Method focuses on factor incomes.c)The Product Method measures expenditures, while the Income Method measures savings.d)The Product Method only considers private sector production, while the Income Method includes public sector production.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice B Com tests.