-->

National Income Accounting

Question
CBSEENEC12013318

Are the following items included in estimating a country's national income?

A.

Free meals given to employees

B.

Purchase of a new house by a consumer household

C.

Brokerage on sale of shares

D.

Pension to retired persons

E.

Contribution to provident fund by employers

F.

Production for self-consumption by farmer

G.

Income from smuggling

H.

Employer's contribution towards social security schemes

Solution
A. Yes
B. Yes
C. Yes
D. Yes
E. Yes
F. Yes
G. No
H. Yes