4 Views

Question : National income received by the households is called_____.

Option 1: domestic income

Option 2: professional income

Option 3: personal income

Option 4: disposable income


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: personal income


Solution : The correct option is personal income .

The national income received by households is called "personal income." Personal income includes all income received by individuals and households, such as wages, salaries, rental income, dividends, and transfer payments like social security and unemployment benefits. It represents the total amount of money that individuals receive before taxes and other deductions.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
GRE ® Registrations 2024
Apply
Apply for GRE® Test now & save 10% with ApplyShop Gift Card | World's most used Admission Test for Graduate & Professional Schools
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books