Economics WAEC

Which of the following items is not included in the measurement of the national income using the income approach?

A. wages and salary
B. government purchases
C. interest
D. dividend

Correct Answer: Option B

B. government purchases

Explanation

The Income Method measures national income from the side of payments made to the primary factors of production in the form of rent, wages, interest and profit for their productive services in an accounting year.

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