Question : Which of the following statement are true?
Option 1: 1&3
Option 2: 2&4
Option 3: All of the above given statements are true.
Option 4: None of the given statements are true.
Correct Answer: 1&3
Solution : National income at current price is not suitable for comparing the national income of different years. National income at current price does not show the true picture of economic growth. Hence, Option A is correct.
Question : Which of the following statements are true?
Question : _____________ is used for comparing the national income of different years.
Question : ______________- shows the change in price levels between two different time periods.
Question : Which of the following statements are correct?
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