-
Which one of the following is not a method of estimating National Income ?
-
- Expenditure method
- Product method
- Matrix method
- Income method
- Expenditure method
Correct Option: C
The matrix method is a structural analysis method used as a fundamental principle in many applications in civil engineering. The method is carried out, using either a stiffness matrix or a flexibility matrix. Primarily there are three methods of measuring national income. The methods are product method, income method and expenditure method.