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State any two precautions that are taken while estimating National Income by Expenditure Method

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State any two precautions that are taken while estimating National Income by Expenditure Method
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Solution 1

  1. The first precaution taken while estimating National Income by the Expenditure Method is to ensure that all relevant expenditures are included in the calculation. This means that all types of final expenditures, such as consumption, investment, government spending, and net exports, should be accu Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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