How are following treated in the estimation of national income ? Commi – InterviewSolution

InterviewSolution

1.	How are following treated in the estimation of national income ? Commission received by a dealer from the buyer and seller of a house.
Answer» Yes, it will be included in the national income as it is the income of the dealer for his prodctive services.

Discussion

No Comment Found

Related InterviewSolutions

Which of the following willl be included in National Income ?A. Sale of bonds by a companyB. Transport expenses by a firmC. Interest on loan paid by households to banksD. None of these
Calculate Gross National Disposable Income from the following data :
Fro the following following data calculate national income by (a) Income method (b) Expenditure method :
Calculate National income and from the following data :
Calculate national income from the following data :
Calculate National income from the following data :
From the following data, calculate "Gross value added at factor cost".
Find gross value added at market price :
(a) Describe value added method. (b) What is double counting ? Name the methods to avoid it.
How should the following be treated in estimating national income of a country ? Give reasons. Addition to stocks during a year.