The difference between National Income and Domestic income is that of:
The difference between National Income and Domestic income is that of:
(a) Depreciation
(b) Net Factor Income from Abroad
(c) Net Indirect Taxes
(d) Both (b) and (c)
Anurag Pathak Changed status to publish December 5, 2023
Ans – (b)
National Income = Domestic Income + Net Factor income from Abroad
Net Factor income from abroad = National Income – Domestic Income
Anurag Pathak Changed status to publish December 5, 2023