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There are two methods to compute nationalincome: (1) add up total domesticoutput; and(2) add up total generated by producing that output. The first measure is

There are two methods to compute nationalincome: (1) add up total

domesticoutput; and(2) add up total

generated by producing that output. The first measure is called GDP from the

a. expenditure

b. output

c. left

side; the second measure is called the GDP from the

a. income

b. right

c. input

side. The value calculated by the first method is

a. greater than

b. equal to

c. less than

the value calculated by the secondmethod, other than errors of measurement.

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