The expenditure method of calculating national income or gross domestic product takes into account the final goods and services produced in a country during a period of time. However, the expenditure method excludes the expenditures that are done on the purchase of shares, bonds, and second-hand goods.
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Answer:
The expenditure method of calculating national income or gross domestic product takes into account the final goods and services produced in a country during a period of time. However, the expenditure method excludes the expenditures that are done on the purchase of shares, bonds, and second-hand goods.
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