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      Question

      Which of the following methods is used to calculate

      national income by summing up the total incomes earned by individuals and businesses in an economy?
      A Value-added method Correct Answer Incorrect Answer
      B Output method Correct Answer Incorrect Answer
      C Income method Correct Answer Incorrect Answer
      D Expenditure method Correct Answer Incorrect Answer

      Solution

      The method used to calculate national income by summing up the total incomes earned by individuals and businesses in an economy is called the Income Method .

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