According to the income approach to national income measurement, the national income of a country...
ECONOMICS
JAMB 1993
According to the income approach to national income measurement, the national income of a country is equal to?
- A. the value of all output produced in the country over the relevant period of time at market prices
- B. the value of output at factors cost
- C. the value added to production
- D. C +I + G
Correct Answer: D. C +I + G
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *