Economy Pakistan Economy Question #19433
MCQ Single Best Answer Moderate

QThe value of the vegetables a retired school teacher grows in his lawn is excluded from the calculation of national income because:

ID: #19433 Pakistan Economy 66 views
Question Info
#19433Q ID
ModerateDifficulty
Pakistan EconomyTopic

Choose the Best Option

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  • A Retired person's activities are not included in calculating national income
  • B The goods are not exchanged through the market mechanism
  • C It would involve double counting
  • D There is no way of imputing the value of such goods.
Correct Answer: Option D

Explanation

There is no way of imputing the value of such goods.

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