Real national income means:

national income at current prices

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national income at factor prices

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national income at constant prices

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national income at average prices of the past 10 years

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Solution

The correct option is C
national income at constant prices

Real national income is measured at constant prices, adjusted for inflation.

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Similar questions

National income at market price is always greater than national income at factor cost.

National income at current prices can increase even when the quantum of goods and services produced during the year remains constant.

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