Question

The national income of a country in a given period is equal to the
A) total value of goods services produced by nationals
B) sum of total consumption investment expenditure
C) sum of personal income of individuals
D) money value of final goods services produced

Answer 1

D) money value of final goods services produced

hope it will help you

Answer 2

Option D i.e Money value of final goods and services produced is the correct answer.

The National Income of a country is equal to the money or market value of final goods and services produced in the country during a specific period of time usually, one year. Final goods are those goods which are available for final consumption. Intermediary goods are not entertained while calculating the national Income.