The following statements true or false? Give reasons. National Income is always more than the Domestic Income.
A
True
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
False
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution
The correct option is B False National Income can also be less than domestic income when net factor income from abroad is negative. National Income is always more than the Domestic Income only when net factor income from abroad is positive.