Student Community
Answer
No, It will not be included in the national income as it is an intermediate cost for the hospital. Explanation:- The cost of the purchase of uniforms for nurses is already included in the final goods and services of the…
No, The value of bonus shares received by shareholders of a company will not be included in the national income as such bonus shares are mere paper claims and do not contribute to the production of goods and services. Explanation:-…
No, the financial assistance to flood victims will not be included in the national income as it is a transfer payment. Explanation:- Flood victims do not provide any factor services against financial assistance. Thus it does not add to the…
No, scholarship given to Indian students studying in India by a foreign company will not be included in the national income as it is a transfer payment. Explanation:- Students do not provide any factor services against the scholarship. Thus it…
Yes, Expenditure on adding a floor to the building will be included in the national income as it is a part of capital formation. Explanation:- It is the addition of the current stock of capital during a year. It is…
Yes, Expenditure on construction of a house will be included in the national income as it is a part of capital formation. Explanation:- Expenditure on the construction of a house is part of gross fixed capital formation. It is the…
Yes, It will be included in the national income as it is a part of capital formation. Explanation:- improvement of fixed assets increases the life span of the fixed asset. It is the addition of the current stock of capital…
Yes, interest received on debentures will be included in the national income as such interest received is a factor income because debenture is a sort of loan taken by a production unit. Explanation:- Debenture is a kind of public loan…
Yes, It will be included in national income as it is a part of factor income from abroad. Explanation:- A loan given to a foreign company is used for productive services. It will add to the current flow of goods…
No, The payment of interest by an individual to a bank on a loan to buy a car will not be included in the national income because it is a non-factor receipt as the loan is not used for production…