1.

Are the following statements true or false ? Give reasons. National Income is always more than the Domestic Income .

Answer» Correct Answer - False . National Income can also be less than domestic income , when net factor income from abroad is negative . National Income is always more than the Domestic Income only when net factor income from abroad is positive.
False . National Income can also be less than domestic income , when net factor income from abroad is negative . National Income is always more than the Domestic Income only when net factor income from abroad is positive.


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