19. Which one is included in the calculation of National Income ? *
2 points
New Final Goods and Services
Earned Income of Indian Companies in Abroad
Expenses made by Foreign Tourists in the country
All the above
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Explanation:
According to the income method, national income is estimated by aggregating all the factor incomes (in the form of wages, rent, interest and profits) paid to the owners of these factors of production (land, labour, capital and enterprise) within the domestic territory in an accounting year.
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