Question

Arrange the following steps involved in calculation of National Income by Income Method in proper sequence:
A. Estimation of Net Factor Income from Abroad
B. Classification of Factor Income
C. Estimation of Domestic Income
D. Identification and Classification of Producing Enterprises
E. Estimation of National Income

• A. B, D, C, A, E
• B. A, B, D, C, E
• C. E, A, C, D, B
• D. D, B, C, A, E

Hint:

Logic Tip: National Income = Domestic Income + Net Factor Income from Abroad.

Answer 1

The Correct Option is D