National income is
A. The net output of commodities and services flowing during a year from the country's productivity system in the hands of the ultimate consumers
B. The net interest
C. The net dividend
D. The net depreciation
Answer: Option A
Related Questions on Managerial Economics
The emphasis of managerial economics is on
A. Bonus theory
B. Normative theory
C. System theory
D. Accounting theory
Which is not the subject of Managerial Economics?
A. Accounting Theory
B. Pricing Decision, Policies and Practices
C. Capital Management
D. Profit Management
Which is not covered under the scope of managerial economics?
A. Profit management
B. Accounting theory
C. Pricing policies
D. Production analysis

Join The Discussion