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Earn +20 ptsQ: How is loss different from expenditure?
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What do you mean by income over expenditure or expenditure over income?
income over expenditure is profitexpenditure over income is loss
What is the relationship between aggregate expenditure and real GDP?
There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.
What are the different problem approaches in computing GNP?
Expenditure Approach and Income Approach.
What is irregular expenditure?
what is irregular expenditure
Can expenditure component be negative?
Can an expenditure component be negative
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