Alternative name of Expenditure Method
What is the alternative name of Expenditure Method used in calculating national income
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According to this method, National income is measured as sum total of expenditure incurred on final goods and services produced by households, business firms, government and foreigners with in the economic territory during a given year.
The alternative name of Expenditure Method are:
- Final Expenditure Method
- Consumption and Investment
- Method Income Disposal Method
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