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 & Solution

Correct Answer: Option C

When personal direct taxes are subtracted from personal income the obtained value is called Gross National Product (GNP)

Question posted by Examveda

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Wasim Bhat 2 years ago

NNPfc+ interest on national debt+ current transfer from govt.+- net transfer from aboard= pvt income - corp taxes - undisturbed profits = personal income- income tax - fines = personal disposable income

Wasim Bhat 2 years ago

All options are wrong . As the answer must be personal disposable income

Vikky V 3 years ago

It's personal disposable income can some one explain how gnp is correct?

Zahid Farooq 5 years ago

Disposable income

Temp One 5 years ago

It should be disposable income.

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When personal direct taxes are subtracted from personal income the obtained...

When personal direct taxes are subtracted from personal income the obtained value is called:

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