In a country with a large population of full-time housewives, national income?

A. will be composed of goods produced by women
B. figures will be grossly over-stated
C. statistics will be difficult to calculate
D. figures will be grossly under-stated

Correct Answer: Option D

D. figures will be grossly under-stated

Explanation

The national income of a country can be defined as the total market value of all final goods and services produced in the economy in a year.

the income of a housewife is not counted in the National Income or the Gross National Product of the country. This will make the national income understated