Question

Consider the following factors related to estimation of national income by various methods for an economy.
A) Net Investment Gross = Domestic Investment – Depreciation
B) Intermediate consumption is excluded to avoid the problem of double counting
C) Net indirect taxes = Indirect Taxes – Subsidies
D) Stocks are measured over a period of time
E) NNP at factor cost = $NNP_{MP}$ – Net factor income from Abroad
Choose the correct answer from the options given below:

• A. B and C only
• B. A and B only
• C. A, B and C only
• D. A, B and E only

Answer 1

Answer: (C)

A, B and C only

Answer 2

The correct option is (C): A, B and C only