According to the income method, domestic income is equal to

Q. According to the income method, domestic income is equal to:

  1. Rend and Royalty + Interest + Profit + Compensation of employees + Mixed-Income
  2. Operating surplus + Compensation of employees + Income of self-employed
  3. Both 1 and 2
  4. Neither 1 nor 2

Answer: Both 1 and 2

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