Which of the Following Is Included in National Income

question 5

Multiple Choice

Which of the following is included in National Income?

• A)indirect taxes
• B)consumption of fixed capital
• C)proprietors' income
• D)all of the above

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Definitions:

Policies and Rules

Established guidelines and principles designed to govern behavior and decisions within an organization.

Ethical Dilemma

An ethical dilemma is a situation where a person is faced with a decision that involves a conflict between moral imperatives.

Potential Benefit

The expected advantage or positive outcome that may result from a specific action or decision.

Interactional Justice

The degree to which others are treated with dignity and respect.