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National Income Accounting

Question
CBSEENEC12013320

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

A.

Interest on national debt

B.

Construction of a new floor on an old building

C.

Intermediate goods

D.

Gifts received from abroad

E.

Government transfers

F.

Change in stocks

G.

Purchase of medicines by a patient

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