Economics · National Income Accounting
Given the following statements, state which ones are correct: A. GDP is devoid of all types of double-counting. B. Donations are included in National Income. C. Alms are included in Personal Income. D. Inventory is included in investment. E. Foreign workers' income is included in GNP but not in GDP. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1C and D only✓
- 2C, D and E only
- 3A, C, D and E only
- 4A and C only
Correct answer
C and D only
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