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What is meant by national income ? Disti...

What is meant by national income ? Distinguish between national income and domestic income.

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Define national income

National income ignores

Knowledge Check

  • National Income is

    A
    Net National Product - Indirect Taxes + Subsidies
    B
    Grass National Product - Direct Taxes
    C
    Gross Domestic Product - Imports
    D
    Net Domestic Product + Exports
  • National Income is the

    A
    Net National Product at market price
    B
    Net National Product at factor cost
    C
    Net Domestic Product at market price
    D
    Net domestic Product at factor cost
  • National Income is the

    A
    NNP at market price
    B
    NNP at factor cost
    C
    Net Domestic product at market price
    D
    Net domestic product at factor cost.
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    What is the meaning of National income?

    What is the meaning of National income?

    National income includes :

    National income indicates -