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Outline FOUR problems associated with the expenditure approach.

Outline FOUR problems associated with the expenditure approach.

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gideon
a. No accurate records of expenditure are kept especially in the private sector.
b. Expenditure for the subsistence sector can only be more appropriate due to lack of records in
this sector.
c. Differentiating between final expenditure and intermediate expenditure may be difficult.
d. It suffers from the problem of double counting.
e. Fluctuating exchange rates may pose challenges especially in valuation of exports and imports.
gideon1 answered the question on October 31, 2017 at 06:35

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