Economics · National Income
Under the Income Method of national income accounting, national income is computed by aggregate summing of which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gross fiscal revenues collected by the government
- 2Total expenditure incurred on consumption and investment
- 3Payments made to the factors of production (rent, wages, interest, profit)✓
- 4Market value of all final goods and services produced
Correct answer
Payments made to the factors of production (rent, wages, interest, profit)
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