Which of the following statements is true : (A) Government expenditure on pensions, scholarships, unemployment allowance etc. should be excluded…

CA Foundation · Business Economics · MTP · June 2024
Which of the following statements is true : (A) Government expenditure on pensions, scholarships, unemployment allowance etc. should be excluded while calculating National income. (B) Expenditure method is also known as Income disposal approach (C) Net Exports = Exports – Depreciation (D) A and b both
(A) A. Government expenditure on pensions, scholarships, unemployment allowance etc. should be excluded while calculating National income.
(B) B. Expenditure method is also known as Income disposal approach
(C) C. Net Exports = Exports – Depreciation
(D) D. A and b both

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. A and b both

Topics: International Trade

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