Match the LIST-I with LIST-II
LIST-I LIST-II A. GDP - Depreciation I. GDP in two-sector economy B. Indirect Taxes - Subsidies II. Disposable income C. Y = C + I III. NDP D. Personal Income - Taxes IV. Net indirect Taxes
Choose the correct answer from the options given below:
Match the LIST-I with LIST-II
| LIST-I | LIST-II | |
|---|---|---|
| A. | GDP - Depreciation | I. GDP in two-sector economy |
| B. | Indirect Taxes - Subsidies | II. Disposable income |
| C. | Y = C + I | III. NDP |
| D. | Personal Income - Taxes | IV. Net indirect Taxes |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 4
GDP minus depreciation gives NDP (III). Indirect taxes minus subsidies equals net indirect taxes (IV). is income in a two-sector economy (I). Personal income minus personal taxes gives disposable income (II). Hence A-III, B-IV, C-I, D-II.
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