Question

Which is not include in the private income arising in a country
A) Factor income from net domestic product
B) Net factor income from abroad
C) Current transfers from Government
D) Current Payment on foreign loans

Answer 1

⬇️HEY MATE HERE IS YOUR ANSWER⬇️

ANSWER : D) Current Payment on foreign loans.


HOPE IT WILL WORK.

Answer 2

Current Payment on foreign loans

Explanation:

• The Income collected by the private Individuals from any generator, Productive or otherwise and the retained Income of corporations.
• Private Income includes both factor income as well as transfer.
• It is the total earned incomes and transfer income received by the private sector.
• Private Income does not Include the Payment on foreign loans.

Learn more: Private Income

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