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Question 65Asked in DSSSB TGT Computer Science (Technical), 1 Aug 2021, Shift 3

Which of the following method(s) is/are used to measure the aggregate value of goods and services produced in an economy?

Which of the following method(s) is/are used to measure the aggregate value of goods and services produced in an economy? I. Expenditure method II. Income method III. Product method
  1. AI and II
  2. BOnly III
  3. CI and III
  4. DI, II and III
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Correct answer: (D) I, II and III

Explanation

National income can be measured by the product (value added) method, the income method and the expenditure method. All three measure the aggregate value of output.

From DSSSB TGT Computer Science PYQ (Technical), 1 Aug 2021, Shift 3

This is question 65 of DSSSB TGT Computer Science PYQ (Technical), 1 Aug 2021, Shift 3. See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.