Question : National income is also known as ____________.
Option 1: NDP at MP
Option 2: NDP at FC
Option 3: NNP at MP
Option 4: NNP at FC
Answer (1)
24th Jan, 2024
Correct Answer: NNP at FC
Solution : Net national product at factor cost or national income refers to the next money value of all final goods and services produced by the normal resident of a country during a period of one year.
Hence, Option D is correct,
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