If Y = income, C = Consumption, I = Investment, X = Expor...
If Y = income, C = Consumption, I = Investment, X = Export and M = Import, then national income is
Y = C - I + (x +m)
Y = C + I + (x + m)
Y = C +I +(X - M)
Y =C + I + (m - x)
Correct answer is C
Since national income is the gross domestic product of a country plus all the wages, salaries of its citizens abroad minus earnings of foreign citizens residing in the said country;
National Income = C + I + X - M (exports - imports)
The best channel of distribution of baked bread is through ...
Which modal of the factor is inelastic? ...
Which of the following activities will not lead to economic growth? ...
A large standard deviation is an indication of ...
The ranking of a consumer’s need in order of importance is termed ...
The marginal propensity to consume is ...
Which of the following factors enhances the ability of commercial banks to create money? ...
When the marginal utility of a commodity is zero the total utility is ...