๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      Which of the following is not included in the National

      Income?
      A Imputed rent of owner-occupied houses Correct Answer Incorrect Answer
      B Government expenditure on making new bridges Correct Answer Incorrect Answer
      C Winning a lottery Correct Answer Incorrect Answer
      D Commission paid to an agent for the sale of a house Correct Answer Incorrect Answer

      Solution

      Winning a lottery is considered a transfer payment and is not included in the calculation of national income.ย 

      Practice Next
      ask-question