Question : Income method is also known as ________________________.
Option 1: Distributive share method.
Option 2: Factor payment method
Option 3: Both A and B
Option 4: Only A
Answer (1)
15th Jan, 2024
Correct Answer: Both A and B
Solution :
Income method measures national income from the perspective of factor income. It includes income received by all the residents of a country for productive purposes. Income method is also known as distributive share method or factor payment method.
Hence, Option C is correct.
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