How should the following be treated in estimating national income of a – InterviewSolution

InterviewSolution

1.	How should the following be treated in estimating national income of a country ? Give reasons. Expenditure on providing police services by the government.
Answer» Yes, as it a part of government final consumption expenditure.

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.