Question : Which of the following does not include in the national income?
Option 1: Retained earnings

Option 2: Government final consumption expenditure

Option 3: Interest on the national debt
Option 4: Payments a household makes to a business in exchange for goods and services

Question

Question : Which of the following does not include in the national income?

Option 1: Retained earnings

Option 2: Government final consumption expenditure

Option 3: Interest on the national debt

Option 4: Payments a household makes to a business in exchange for goods and services

Team Careers360 · Accepted Answer

Correct Answer: Interest on the national debt

Solution :

Interest on national debt is not included in the national income since it represents the interest on loans taken by the government for its own consumption.

Hence, Option C is correct.

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Question : Which of the following does not include in the national income?Option 1: Retained earnings Option 2: Government final consumption expenditure Option 3: Interest on the national debtOption 4: Payments a household makes to a business in exchange for goods and services

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Question : Which of the following does not include in the national income?
Option 1: Retained earnings

Option 2: Government final consumption expenditure

Option 3: Interest on the national debt
Option 4: Payments a household makes to a business in exchange for goods and services