Which of the following options is true?

CA Foundation · Business Economics · MTP · September 2026
Which of the following options is true?
(A) A. Disposable Income= Savings in the Household Sector – Total consumption of the Household Sector
(B) B. GNP of Factor Cost = Net Indirect Tax + GNP at Market Price
(C) C. National Income = NDP of Factor Cost - Abroad Net Factor Income
(D) D. Personal Income = Total Private Income – Corporate Savings – Corporate Tax

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Personal Income = Total Private Income – Corporate Savings – Corporate Tax

Topics: Determination of National Income

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