National income is the sum of factor incomes accruing to:
National income is the sum of factor incomes accruing to:
(a) Nationals
(b) Economic territory
(c) Residents
(d) Both residents and non-residents
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Ans – (c)
Explanation:-
National income is the income earned by the residents of a country within the domestic territory and from the rest of the world.
Anurag Pathak Changed status to publish
