CUET Preparation Today
| Which of the following statement/statements are true? Statement 1: Accounting of national income at constant prices is called real income. Statement 2: National income is the monetary value of all final goods and services produced by the residents of a country. |
Both the statements are true. Both the statements are false. Statement 1 is true and Statement 2 is false Statement 2 is true and Statement 1 is false |
| Both the statements are true. |
| National income at constant prices is real income. National income is the monetary value of all final goods and services produced by the residents of a country. |
