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Is national income is always more …

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Is national income is always more than domestic income. Explain

    • Posted by Rajiv Kumar 4 years, 4 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Preeti Dabral 4 years, 4 months ago

    False: National income can be less than domestic income when net factor! income from abroad (NFIA) is negative. National income can also be equal to domestic income if NFIA is zero.

    0Thank You

    Deepanshu Jha 4 years, 4 months ago

    No it's not compulsory that nation income always more than the domestic income it's depend upon nfia if nfia is minus in term then nation income is less then the domestic income

    0Thank You

    Lucky 1 4 years, 5 months ago

    Domestic Income of a country can be more than its National Income- This situation occurs when net factor income from abroad is negative. Hence, NDP(at factor cost) or Domestic income becomes greater than the NNP(at factor cost) or National Income.

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