1. total value of goods and services produced by the nationals |
2. sum of total consumption and investment expenditure |
3. sum of personal income of all individuals |
4. money value of final goods and services produced |
A) 1 only
B) 2 only
C) 3 only
D) 4 only
Correct Answer: D
Solution :
National Income is the money value of all the final goods and services produced by a country during a period of one year. National Income consists of a collection of different types of goods and services of different types.You need to login to perform this action.
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