Question : _________________ refers to the transfers made out of the current income of the payer and added to the current income of the recipient.
Option 1: Current transfers
Option 2: Current expenditure.
Option 3: Factor income
Option 4: Factor transfer.
Correct Answer: Current transfers
Solution :
Question : Subsidies are ____________ income. Profit is _________ income.
Question : Which of the following is correct regarding Private Income?
Question : _________________ measures national income from the perspective of factor income.
Question : The expenditure incurred on purchase or construction of owner- occupied houses is treated as __________________________.
Question : Transfer receipts includes ____________________.
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