National Income is equal to:

421 viewsDecember 7, 2023MCQs (National Income)

Anurag Pathak27.10K December 7, 2023 0 Comments

National Income is equal to:

(a) NDP at FC + Factor incomes earned from abroad

(b) NDP at FC + Net factor incomes earned from abroad

(d) NDP at FC + export minus imports

Anurag Pathak Changed status to publish December 7, 2023

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Anurag Pathak27.10K Posted December 7, 2023 0 Comments

Ans – (b)

Explanation:-

National Income = NDP at FC + Net factor incomes earned from abroad (Factor income from abroad – Factor income to abroad)

Anurag Pathak Changed status to publish December 7, 2023

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National Income is equal to:

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