Question : _________________ measures national income from the perspective of factor income.
Option 1: Value added method.
Option 2: Income method.
Option 3: Expenditure method.
Option 4: All of the above.
Answer (1)
19th Jan, 2024
Correct Answer: Income method.
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.
Hence, Option B is correct.
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