passwella.
Menu

JAMB Economics 2000 Question 39

Question 39

National Income

Which of the following is used for measuring national income?

  1. A.Output, income and wages
  2. B.Import, expenditure and output
  3. C.Income, output and expenditure
  4. D.Export, Import and output.
Show the answer and explanation

Answer: C (Income, output and expenditure)

Explanation

National income is measured by three methods: income, output (product) and expenditure.