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Match the LIST-I with LIST-II

LIST-ILIST-II
A.GDP - DepreciationI. GDP in two-sector economy
B.Indirect Taxes - SubsidiesII. Disposable income
C.Y = C + IIII. NDP
D.Personal Income - TaxesIV. 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). Y=C+IY = C + I 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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