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Fill in the Blank with Appropriate Alternatives Given Below National Income is __________ Concept. - Economics

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Question

Fill in the blank with appropriate alternatives given below

National income is __________ concept.

Options

  • stock

  • final

  • intermediate

  • flow

MCQ
Fill in the Blanks
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Solution

National income is flow concept.

Explanation:
National income is a flow concept. This is because it refers to the flow of final goods and services in an economy.

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Chapter 9: National Income - Exercise 1 [Page 79]

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Micheal Vaz Economics [English] 12 Standard HSC
Chapter 9 National Income
Exercise 1 | Q 1.4 | Page 79
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