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National Income is equal to :
  • a)
    Net National Product plus Taxes.
  • b)
    Net National Product minus Indirect Taxes plus Subsidies
  • c)
    Net National Product plus Indirect Taxes plus Subsidies
  • d)
    Net National Product minus Direct Taxes minus Subsidies
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
National Income is equal to :a)Net National Product plus Taxes.b)Net N...
B.
NNP at fc
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National Income is equal to :a)Net National Product plus Taxes.b)Net National Product minus Indirect Taxes plus Subsidiesc)Net National Product plus Indirect Taxes plus Subsidiesd)Net National Product minus Direct Taxes minus SubsidiesCorrect answer is option 'B'. Can you explain this answer?
Question Description
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