While estimating national income, how will you treat the following? Gi

1.	While estimating national income, how will you treat the following? Give reason for your answer.
Answer» (i) Imputed rent of self occupied houses- Included as house is a capital good which generates income even if the owner resides in his own house. An imputed value is estimated & added in the national income. (ii) Interest received on debentures: Included as it is a factor income. (iii)financial help received for flood victims- not included as it is a transfer payment.

While estimating national income, how will you treat the following? Give reason for your answer.

Answer»

(i) Imputed rent of self occupied houses- Included as house is a capital good which generates income even if the owner resides in his own house. An imputed value is estimated & added in the national income.

(ii) Interest received on debentures: Included as it is a factor income.

(iii)financial help received for flood victims- not included as it is a transfer payment.

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While estimating national income, how will you treat the following? Give reason for your answer.

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