GCE Economics 1989 Question 10

Question 10

National Income

Which of the following is not appropriate in calculating national income figures?

  1. A.Output method
  2. B.Income method
  3. C.Expenditure method
  4. D.Value added method
  5. E.Depreciation method.
Show the answer and explanation

Answer: E (Depreciation method.)

Explanation

National income is measured by the output (value added), income and expenditure methods; there is no 'depreciation method'.