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QIdentity the false statement among the followings:

ID: #19436 Pakistan Economy 83 views
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#19436Q ID
ModerateDifficulty
Pakistan EconomyTopic
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  • A If prices rise, real income also rises ✔ ✖
  • B In calculating national income, retirement pension are excluded ✔ ✖
  • C Stock of goods not sold by the producer, is excluded from GNP ✔ ✖
  • D None of the above one ✔ ✖
Correct Answer: Option A

Explanation

If prices rise, real income also rises
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