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Question : The sum total of all the factor income and within the domestic territory of a country is known as ___________________.

Option 1: National income

Option 2: Current income

Option 3: Domestic income.

Option 4: None of the above.


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: Domestic income.


Solution :

The sum total of all the factor income and within the domestic territory of a country is known as domestic income. Domestic income is also abbreviated as NDP at FC.
Hence, Option C is correct.

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