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How are following treated in the estimat...

How are following treated in the estimation of national income ?
Rent-free house given to an employee by an employer.

Text Solution

Verified by Experts

Yes, it is included in the national income by Income Method since it is part of 'wages in kind' paid to employees (COE).
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Knowledge Check

  • Items not included in the estimation of nation income

    A
    sale of second hand goods
    B
    value of intermediate goods
    C
    sale of shares and bonds
    D
    all of these.

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