Which of the following is included in domestic income?

Question

Quizplus · Accepted Answer

Pension on retirement is considered a part of domestic income as it is a transfer payment made by the government or private sector to individuals. Factor income from abroad, windfall gains, and capital gains are not typically included in the calculation of domestic income, as they either originate from outside the domestic economy or are not considered regular income from production activities.

Which of the Following Is Included in Domestic Income