How should the following be treated while calculating national income? Give reasons for your answer.
How should the following be treated while calculating national income? Give reasons for your answer.
(i) Interest received by households from banks.
(ii) Dividend received by shareholders.
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(i) Bank is a production unit so this is a factor income and hence should be included.
(ii) It is a part of the profits of production units which is distributed to the owners so it is included.
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