[Solved] Which one of the following is not included while estimating national income through income method?

McqMate

Q.	Which one of the following is not included while estimating national income through income method?
A.	Rent
B.	Mixed incomes
C.	Pension
D.	Undistributed profits
Answer» C. Pension
Explanation: The income approach equates the total output of a nation to the total factor income received by residents or citizens of the nation. Transfer incomes are excluded from national income. Therefore, wages of labourers will be included, pensions of retired workers will be excluded from national income.

2.7k

0

Do you find this helpful?

12

View all MCQs in

Discussion

No comments yet

Related MCQs

Which one of the following is not a method of estimating National Income?
While estimating national income which of the following is not taken into account?
Which one of the following items is included in the national income account?
Which of the following is not included in the National Income?
Which one of the following is not a method of measurement of National Income?
In calculating National Income which of the following is included?
The method of calculating the national income by the product method is otherwise known as :
Net National Product in National Income Accounting refers to -
The study of whole economic systems aggregating over the functioning of individual units. Specifically, it is study of national economies and the determination of national income. It is known as
Which of the following is not required while computing Gross National Product (GNP)?