Economics · National Income Accounting
Which of the following components is NOT included when using the Expenditure Method to calculate National Income?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gross fixed capital formation
- 2Compensation or remuneration of employees✓
- 3Government final consumption expenditure
- 4Private final consumption expenditure
Correct answer
Compensation or remuneration of employees
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