Advertisements
Advertisements
Question
Give a short note on Expenditure method
Solution
- The total expenditure incurred by the society in a particular year is added together.
- To calculate the expenditure of a society, it includes personal consumption expenditure, net domestic investment, government expenditure on consumption as well as capital goods and net exports.
APPEARS IN
RELATED QUESTIONS
Primary sector is ______.
National income is measured by using ……….. methods.
Income method is measured by summing up all forms of______.
National income is a measure of the ______ performance of an economy.
______is deducted from gross value to get the net value.
Why is self-consumption difficult in measuring national income?
Discuss the various methods of estimating the national income of a country.
What are the difficulties involved in the measurement of national income?
Transfer earning in National income refers to ______.
Induced investment expenditure refers to ______.
Outline any two precautions that should be taken in estimation of National income by Expenditure method.
Why are net exports added in the total expenditure in measuring National income by Expenditure method?
Discuss the categories of Factor income considered in calculating the National income by Income method.
