National Income and Related Aggregates-National Disposable Income (CBSE Class-12 Economics): Questions 13 - 13 of 13

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Question number: 13

» National Income and Related Aggregates » National Disposable Income

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Explain the production method of estimating national income.


There are three method of estimating national income: -

(1) Income method

(2) Product method

(3) Expenditure method

(1) Income method: - In this method production of participate an activity to generate goods and services. Compensated for the productive services produced in economy. This compensation income payment takes form of… (225 more words) …

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