When personal direct taxes are subtracted from personal income the obtained value is called:
A. Gross Domestic Product (GDP)
B. National Income
C. Gross National Product (GNP)
D. Personal Income
Answer: Option C
Solution(By Examveda Team)
When personal direct taxes are subtracted from personal income the obtained value is called Gross National Product (GNP)Join The Discussion
Comments ( 3 )
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It's personal disposable income can some one explain how gnp is correct?
Disposable income
It should be disposable income.