MCQOPTIONS
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| 1. |
How is National Income calculated? |
| A. | Net National Product - indirect taxes + subsidy |
| B. | Net Domestic Product – Indirect Taxes – Depreciation |
| C. | Net Domestic Product + Indirect Taxes – Depreciation |
| D. | Net National Product + indirect taxes - subsidy |
| Answer» B. Net Domestic Product – Indirect Taxes – Depreciation | |