According to the System of National Income Accounting, which of the following statement/s is/are correct ?
i) Gross National Income = GdP + primary income receivable from the rest of the world (row) – primary income payable to the rest of the world.
ii) Gross National disposable Income = Gross National Income + Current transfers receivable – Current transfers payable.
iii) Gross National disposable Income can be divided into Gross Savings and Final Consumption.
1
Only (i)
2
Only (i and ii)
3
Only (ii and iii)
4
All (i, ii and iii)