Which of the following is included in the calculation of Personal Income under the concept of National Income?

CA Foundation · Business Economics · PYQS · May 2025
Which of the following is included in the calculation of Personal Income under the concept of National Income?
(A) A. Unemployment Compensation
(B) B. Retained Earnings
(C) C. Indirect Business Taxes
(D) D. Contribution towards Social Security

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Unemployment Compensation

Topics: Determination of National Income

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