Expenditure Method Calculation Process, Formula, Components, Precautions

Contents: Answer (Detailed Solution Below) Class 6 Income Method of Calculating National Income Formula of Expenditure Method to Calculate National Income About precautions regarding production income and expenditure method Production units in an economy are classified into primary, secondary, and tertiary sectors. On the basis of this classification, value-added method is used to measure national… Continue reading Expenditure Method Calculation Process, Formula, Components, Precautions