Economics · National Income Accounting
Which of the following formulas correctly defines Net National Disposable Income?
- 1Net National Product at market prices + Other current transfers from the rest of the world✓
- 2Net National Product at market prices - Other current transfers from the rest of the world
- 3Gross National Product at market prices + Other current transfers from the rest of the world
- 4Gross National Product at market prices - Other current transfers from the rest of the world
Correct answer
Net National Product at market prices + Other current transfers from the rest of the world
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