In economics, what distinguishes between 'National' and 'Domestic' with regards to determination of national income?

CA Foundation · Business Economics · PYQS · May 2026
In economics, what distinguishes between 'National' and 'Domestic' with regards to determination of national income?
(A) A. Depreciation
(B) B. Indirect taxes
(C) C. Subsidies
(D) D. Net factor income from abroad

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Net factor income from abroad

Topics: Determination of National Income

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