Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:
In NY= C+I, What is NY?
Options:
market value of the final goods and services produced
sum total of factor incomes
sum total of expenditure on the final goods and services produced
all of them
Correct Answer:
all of them
Explanation:
NY refers to National Income. NY can be computed in the above mentioned ways.