royalty include in national income or not and why
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Yes, it will be included in the national income as royalty is a productive income. 24. Commission on sale of second-hand goods. ... No, it will not be included in the national income as it is a part of the intermediate consumption expenditure.
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Yes, it will be included in the national income as royalty is a productive income. 24. Commission on sale of second-hand goods. ... No, it will not be included in the national income as it is a part of the intermediate consumption expenditure.
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