Current Affairs · National Income Accounting
Which of the following statements related to National Income is incorrect?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Personal Income is always less than National Income✓
- 2NNP = GNP - Depreciation
- 3GNP = GDP + Net factor income from abroad
- 4GDP at Market Price includes depreciation.
Correct answer
Personal Income is always less than National Income
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