1) The production method calculates national income by measuring the total expenditure on final goods and services. a) true b) false 2) The income method includes wages, rent, interest, profits, and mixed income. a) false b) true 3) In the production method, indirect taxes are added to the gross value added to calculate national income. a) false b) true 4) The expenditure method formula includes government expenditure and net exports. a) true b) false 5) The income method only includes incomes earned by individuals, excluding businesses. a) true b) false

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