Which of the following indicates the sum

CUET Preparation Today

Start Free Mocks

Home Questions UQRT9M6AA9

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Which of the following indicates the sum total of Net National Product at market prices and other current transfers from the rest of the world:

Options:

Private Income.

National Disposable Income.

Gross Value Added.

Transferred Income.

Correct Answer:

National Disposable Income.

Explanation:

The correct answer is Option (2) → National Disposable Income.

National Disposable Income = Net National Product at market prices + Other current transfers from the rest of the world