Question : The money value of national product is known as _____________.
Option 1: Domestic income
Option 2: National income
Option 3: Factor income
Option 4: None of the above.
Answer (1)
19th Jan, 2024
Correct Answer: National income
Solution :
National Income is the total amount of income accruing to a country from economic activities in a years time. It is the money value of national product.
Hence, Option B is correct.
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