Question 10
National IncomeWhich of the following is not appropriate in calculating national income figures?
- A.Output method
- B.Income method
- C.Expenditure method
- D.Value added method
- 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'.