Question : The money value of domestic product is known as ____________.
Option 1: Domestic income
Option 2: National income
Option 3: Factor income
Option 4: None of these.
Answer (1)
22nd Jan, 2024
Correct Answer: Domestic income
Solution :
Domestic income is the sum total of factor incomes generated within the domestic territory of a country. It is the money value of the domestic product.
Hence, Option A is correct.
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