In a country with large population of full-time house wives; the 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-estimated

Correct Answer:

Option B – figures will be grossly over-stated

Explanation

In a country with large population of full-time housewives, national income figures will be grossly over-stated because the income of the housewives may be computed in estimation of National Income which result to double counting.