Question

Assertion (A): In national income, value of only final goods and services produced in the

economy are considered.

Reasoning (R): National income is always expressed in monetary terms.

Options: 1) (A) is True but (R) is False

2) (A) is False but (R) is True

3) Both (A) and (R) are True and (R) is the correct explanation of (A)

4) Both (A) and (R) are True and (R) is not the correct explanation of (A)​

Answer 1

Answer:

Both (A) and (R) are True and (R) is not the correct explanation of (A)