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Discuss the following methods of measuring national income. Net Product method.[3 Marks] Factor Income method.[3 Marks] Expenditure Income method.[3 Marks] b) Differentiate between GNP deflator

Discuss the following methods of measuring national income.
Net Product method.[3 Marks]
Factor Income method.[3 Marks]
Expenditure Income method.[3 Marks]
b) Differentiate between GNP deflator and GNP implicit deflator.[2 Marks]


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