Broker’s commission on sale and purchase of financial assets is included in National Income because:
Broker’s commission on sale and purchase of financial assets is included in National Income because:
(a) It is a part of Gross Domestic Capital Formation
(b) It is a part of Compensation of Employees
(c) It is an income earned for rendering productive services
(d) None of these
Anurag Pathak Changed status to publish December 14, 2023
Ans – (c)
Explanation:-
Broker provides his expertise services that help in the sale and purchase of financial assets. His services are productive services and add to the current flow of goods and services in the economy.
Thus, broker’s commission is an income earned for rendering productive services and is included in the national income.
Anurag Pathak Changed status to publish December 14, 2023
