Question

5) Aspects considered in National Income:
a) Final goods and services are included innational income.
b) Produced goods and services in a financial yearare included in national income.
c) Double counting is avoided.
d) Value is considered as per market price.
Options : 1) a and c
2) b and c
3) a, b and d
4) a, b, c and d​

Answer 1

Answer:

A and C are correct one

soo answer is 1.

Answer 2

Explanation:

ECONOMICS

dear friend while calculating national income the final goods and products are only included and the goods produced in secondary sector are not included to avoid double counting....

by this statement we can justify that the statements a and c are correct

produced goods are never included ...only final goods are included hence option b is also wrong

your answer hence becomes "1. a and c"

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