Question

difference between mixed income and undistributed profit ?

Answer 1

Answer:

Domestic income is the sum total of factor incomes generated by all the production units located within the domestic territory of a country during a period of account.

It does not matter whether the producer is the normal resident or foreigner. What is essential is that production is done within the domestic territory of the country. Again, domestic Income does not include ‘net factor Income earned from abroad’. Now, we discuss components of domestic income. In detail which facilitate solution of numerical sums.

Answer 2

Answer:

Domestic income is the sum total of factor incomes generated by all the production units located within the domestic territory of a country during a period of account.

It does not matter whether the producer is the normal resident or foreigner. What is essential is that production is done within the domestic territory of the country. Again, domestic Income does not include ‘net factor Income earned from abroad’. Now, we discuss components of domestic income. In detail which facilitate solution of numerical sums.