Question:medium

Arrange the National Product or Income estimates in the sequence they are calculated.
• [(A).] Disposable Personal Income (DPI) 
• [(B).] National Income (NI) 
• [(C).] Gross National Product (GNP) 
• [(D).] Personal Income (PI) 
Choose the correct answer from the options given below: 
 

Show Hint

To remember this sequence:
- Start with Gross production (GNP).
- Move to Net production/national income (NI).
- Filter for individuals (PI).
- Finally, subtract personal taxes to find what can actually be spent (DPI).
  • (A), (B), (C), (D)
  • (D), (B), (A), (C)
  • (B), (A), (D), (C)
  • (C), (B), (D), (A)
Show Solution

The Correct Option is D

Solution and Explanation

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