GyanGramQuestion
The National income of a country for a given period is equal to the:
PRELIMS 2013 · INDIAN ECONOMY
The National income of a country for a given period is equal to the:
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• Correct Answer: D
• National income equals the money value of final goods and services produced in a given period.
• It avoids double-counting of intermediate goods and is not merely the sum of personal incomes.
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