If C stands for consumption expenditure, I for investment, X for exports, and M for…

If C stands for consumption expenditure, I for investment, X for exports, and M for imports, then national income is?
  • A.
    C + I + X + M
  • B.
    C + I +X – M
  • C.
    C + I – X + M
  • D.
    C + I + X
Correct Answer: Option B
Explanation
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