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Question Practice

Which of the following statements about national income accounting is TRUE?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
National Income Accounting
Question Bank

Which of the following stateme...

Single Answer MCQ
Q-00106713

Which of the following statements about national income accounting is TRUE?

1

Corporate taxes are added to National Income

2

Transfer payments are subtracted from Personal Income

3

Net Factor Income from Abroad is included in GNP

4

Depreciation increases National Income

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