In National income accounting rent is payment for use of :
In National income accounting, rent is payment for use of :
a) Patent
b) Trade mark
c) Land
d) Godown
Anurag Pathak Changed status to publish April 10, 2023
Ans – c)
Explanation:-
The income method considers income paid out the angle to factors against services rendered.
Thus rent is a payment to factor who provides the land on rent for production.
Anurag Pathak Changed status to publish April 10, 2023
