passwella.
Menu

WAEC Economics 2016 Question 34

Question 34

National Income

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

  1. A.Wages and salaries
  2. B.Government purchases
  3. C.Interest
  4. D.Dividend
Show the answer and explanation

Answer: B (Government purchases)

Explanation

Government purchases belong to the expenditure approach; the income approach adds factor incomes.