Income generated by a nations domestic production is less th

Income generated by a nation’s domestic production

is less than its domestic production.

is equal to its domestic production.

is greater than its domestic production.

could be less than, equal to, or greater than its domestic production.

Solution

B. Is equal to its domestic production.

Income generated by a nation\'s domestic production is equal to its domestic production.

As, for an economy

income = expenditures = production