National Income will be equal to Domestic Income When:
National Income will be equal to Domestic Income When:
(a) Depreciation = 0
(b) Indirect Taxes = 0
(c) Net Indirect Taxes = )
(d) Net Factor Income from Abroad = 0
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Ans – (d)
National Income = Domestic Income + Net Factor income from Abroad
When Net Factor income from abroad is zero. The National Income income is equal to the domestic income.
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