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    4. Welfare Economics
    5. Net National Income is defined as:

    Question

    Net National Income is defined as:

    A gross national product at factor cost less indirect taxes Correct Answer Incorrect Answer
    B net national product at market price plus net indirect taxes Correct Answer Incorrect Answer
    C net national product at market price less net indirect taxes Correct Answer Incorrect Answer
    D gross national product at factor cost plus net indirect taxes Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
      More Welfare Economics Questions
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    • An example of a telecommunications device is a ________.

    • How to verify that while sending confidential information over the Internet such as usernames, passwords, or credit card numbers, sent data is encrypted

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