Question on: WAEC Economics - 2016
Which of the following items is not included in the measurement of the national income using the income approach
A
wages and salary
B
government purchases
C
interest
D
divedend
Ask EduPadi AI for a detailed answer
Correct Option: B
TheĀ Income MethodĀ measuresĀ national incomeĀ from the side of payments made to the primary factors of production in the form of rent, wages, interest and profit for their productive services in an accounting year.
Add your answer
Please share this, thanks!
No responses