In the calculation of national income, all of these items are added, except а. Food and other items for self- consumption b. Sale and purchase of bonds and shares С. Imputed rent of owner occupied houses

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 3.6P
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In the calculation of national income,
all
of these items are added, except
а.
Food and other items for self-
consumption
b.
Sale and purchase of bonds and shares
С.
Imputed rent of owner occupied houses
d.
Own account production of fixed assets
Transcribed Image Text:In the calculation of national income, all of these items are added, except а. Food and other items for self- consumption b. Sale and purchase of bonds and shares С. Imputed rent of owner occupied houses d. Own account production of fixed assets
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