Question

Which income.Will not be included in national income calculation?

Answer 1

$\bf {Factor \:Income}$ will be included in the national income.

Factor income is the income which is earned from the services of factor production. And in some cases people have to pay taxes also for their income.

Whether its a normal employee who earns his salary or a labour who earns his wages, both are offering their services in factor production. Thus in national income, the factor income of people would be included.

Answer 2

Answer:

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Factor Income will be included in the national income.

Factor income is the income which is earned from the services of factor production. And in some cases people have to pay taxes also for their income.

Whether its a normal employee who earns his salary or a labour who earns his wages, both are offering their services in factor production. Thus in national income, the factor income of people would be included