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Which of the following affects national income? -

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Question

Which of the following affects national income?

Options

  • Goods and Services Tax

  • Corporation Tax

  • Subsidies

  • None of the above

MCQ

Solution

Subsidies

Explanation:

NNPFC = NNPMP − Indirect Taxes + Subsidies

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Aggregates Related to National Income - Net National Product (NNP)
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