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Question
Which of the following poses a problem in calculating national income?
Which of the following poses a problem in calculating national income?
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Solution
The correct option is C All the above
There are few difficulties
associated with calculation of national income which include
- Public Services
- Price changes
- Wages and salaries paid in kind
Apart from these the other
problems involved are
- Lack of Adequate Data
- Non-availability
of Reliable Information
- Choice
of Method
- Double
Counting
There are few difficulties associated with calculation of national income which include
- Public Services
- Price changes
- Wages and salaries paid in kind
Apart from these the other
problems involved are
- Lack of Adequate Data
- Non-availability
of Reliable Information
- Choice
of Method
- Double
Counting
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