Consider the following statements.
1. The Expenditure Method considers the expenditure taken by all the sectors of the economy excluding households.
2. The Expenditure Method also excludes the expenditure on the purchase of shares and bonds.
3. The Net Domestic Product used by the World Bank in the comparative analyses of its member nations.
How many of the above statements are correct?
1
Only one
2
Only two
3
All three
4
None