How will you treat the following while estimating National income of I

1.	How will you treat the following while estimating National income of India? Give reason for your answer.
Answer» Reasons: (i) Bonus - It should be included because it is compensation paid to employees. (ii) Addition to stock - It should also be included because it is an investment, a final expenditure. (iii) Purchase of a Taxi by Taxi Driver - It should be included because it is final expenditure on investment.

How will you treat the following while estimating National income of India? Give reason for your answer.

Answer»

Reasons:

(i) Bonus - It should be included because it is compensation paid to employees.

(ii) Addition to stock - It should also be included because it is an investment, a final expenditure.

(iii) Purchase of a Taxi by Taxi Driver - It should be included because it is final expenditure on investment.