Economics · National Income
Which method is generally considered most suitable and reliable for calculating national income in underdeveloped or backward economies due to lack of comprehensive corporate data?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Product (Output) method✓
- 2Expenditure method
- 3Income method
- 4Profit-sharing method
Correct answer
Product (Output) method
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