Question
While estimating national income, how will you treat the following? Give reasons for your answer. (
(i) Imputed rent of self-occupied houses.
(ii) Interest received on debentures.
(iii) Financial help received by flood victims.
Solution
(i) Imputed rent is included because it is a part of factor income generated by selfoccupied houses by providing housing services.
(ii) Included because interest is a part of factor income generated by debentures.
(iii) Not included as Financial help to flood victims is merely a transfer payment.
