You have data for compensation of employees,proprietors' income,rental income,and net interest.Can you compute national income?
A) Yes,all of the components of national income are given.
B) No,since data on indirect business taxes are missing.
C) No,since data on corporate profits is missing.
D) No,since data on the capital consumption allowance is missing.
E) No,since net interest has not been adjusted for profits.

Question

Quizplus · Accepted Answer

Corporate profits are a component of national income, and without this data, national income cannot be fully computed.

You Have Data for Compensation of Employees,proprietors' Income,rental Income,and Net