Economics · National Income

Which of the following is NOT a feature of National Income?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1It includes the value of only intermediate goods.✓
2It is always expressed with reference to a financial year.
3It is a flow concept.
4It is a macroeconomic concept.

Correct answer

It includes the value of only intermediate goods.

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Which of the following is NOT a feature of National Income?

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