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National Income Accounting

Question
CBSEENEC12013319

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

A.

Old age pension

B.

Expenses of a firm on medical treatment of families of employees

C.

Entertainment allowance to an employee for entertaining business

D.

Rent free accommodation to employees

E.

Bonus received by employees

F.

Free uniforms to employees

G.

Free ration to defence personnel

H.

Travelling expenses paid to salesman by the employer

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