Advertisements
Advertisements
Question
Distinguish between Any FOUR of the following :
Income method and Expenditure method.
Solution
| Basis of Difference | Income method | Expenditure method |
| Measures | Measures total income received by all citizens of a country | Measures total expenditure on goods and services by all the citizens of a country |
| Users | This method is extensively used by countries | This method is hardly used by any country due to practical difficulties |
shaalaa.com
Micro Economics - Slicing Method
Is there an error in this question or solution?
