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While estimating national income which of the following is not taken into account?
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- Services of a teacher
- Services of a doctor
- Services of a housewife
- Services of a maid servant
- Services of a teacher
Correct Option: C
Services provided by housewives can be categorized as non-economic services and thus cannot be accounted in national income which is the sum total of all the goods and services produced in a country, in a particular period of time.