-
Which one of the following items is included in the national income account?
-
- Services of housewives
- Income of smugglers
- Services of Sadhus
- Services of night-watchmen
- Services of housewives
Correct Option: D
National income is the total value a country's final output of all new goods and services produced in one year. Services provided by housewives, income of smugglers and services of sadhus can be categorized as non-economic services and thus cannot be accounted.