Broker's commission on sale and purchase of second hand goods is included in national income because:
A) it is a part of compensation of employees
B) it is a part of gross domestic capital formation
C) it is an income earned for rendering productive services
D) none of these
Correct Answer:
Verified
Q15: "Income method" is also known as:
A)distributive share
Q16: Which one is included in National Income?
A)winning
Q17: 'Distributed Profits' is also known as:
A)corporate tax
B)dividend
C)retained
Q18: If a farmer sells Wheat to miller
Q19: Which of the following is included in
Q20: Expenditure method focuses on measurement of National
Q21: Which of the following is not an
Q22: National product at current prices is higher
Q23: Net Factor Income from Abroad is taken
Q25: The first National Income calculation on a
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