Which of the following item is not included in measuring national income by the income approach?

By: |Published on: Aug 8|Categories: Economics WAEC| 0 comments

A. Wages and salaries of public servants
B. Student’s grants and scholarships
C. Profits of companies
D. Income earned by self-employed persons such as lawyers
E. Rents on property

Correct Answer:

Option B – Student’s grants and scholarships

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