Discuss the following methods of measuring national income. Net Product method.[3 Marks] Factor Income method.[3 Marks] Expenditure
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Question:
Discuss the following methods of measuring national income.
Net Product method.[3 Marks]
Factor Income method.[3 Marks]
Expenditure Income method.[3 Marks]
b) Differentiate between GNP deflator and GNP implicit deflator.[2 Marks]
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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