The method obtained by adding all the reward of factors of production in national income is?

A. income approach
B. expenditure approach
C. value added method
D. output approach

Correct Answer: Option A

A. income approach

Explanation

The reward of factors of production are: Rent, Interest, wages & salaries and profit. In national income adding the reward i.e R + I + W + P is used in calculating the income approach.