Question : _____________ is used for comparing the national income of different years.

Option 1: National income at current prices

Option 2: National income at constant prices

Option 3: Nominal national income

Option 4: None of the above

Question

Question : _____________ is used for comparing the national income of different years.

Option 1: National income at current prices

Option 2: National income at constant prices

Option 3: Nominal national income

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: National income at constant prices

Solution :

National income at constant prices a better to information and for comparing the national income of different countries.

Hence, Option B is correct.

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Question : _____________ is used for comparing the national income of different years. Option 1: National income at current prices Option 2: National income at constant prices Option 3: Nominal national income Option 4: None of the above

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Question : _____________ is used for comparing the national income of different years.

Option 1: National income at current prices

Option 2: National income at constant prices

Option 3: Nominal national income

Option 4: None of the above

Question : Which of the following statement are true?

National income at current price is not suitable for comparing the national income of different years.

National income at constant price is not used for comparing the national income of different

Question : Which of the following statements are true?

National income at constant prices also known as real national income.

National income rise is also known as nominal national income.

National income at current price is affected by