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Growth Rate

The national ...

Question

The national income of nation is the ________.

A

government's annual revenue

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B

sum total of factor incomes

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C

surplus of public sector undertakings

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D

exports minus imports

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Solution

The correct option is C sum total of factor incomes
National Income. National Income is the sum total of factor incomes earned by the normal residents of a country in the form of wages, rent, interest and.

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