Identify the situation when value of Domestic Income is equal to the value of National Income. Option 1: When there are no exports in the economy Option 2: When net factor income from abroad is zero Option 3: When net investment in the economy is zero Option 4: When there are no imports in the economy

The answer is 'When net factor income from abroad is zero'. View full solution:

CUET Economics - Identify the situation when value of Domestic Income is equal to the value of National Income. | PYQs + Solutions

CUET Economics

Macro

Easy

When there are no exports in the economy

When net factor income from abroad is zero

When net investment in the economy is zero

When there are no imports in the economy

✅ Correct Option: 2