Classify the following as factor income or transfer income : (i) Old age pension. (ii) Salary received by Amit from a company. (iii) Financial help to
Classify the following as factor income or transfer income :
(i) Old age pension.
(ii) Salary received by Amit from a company.
(iii) Financial help to earthquake victims.
(iv) Rent received from buildings.
(v) Wages received from employer.
(vi) Birthday gift received from a relative.
(vii) Rent free accommodation from employer.
(viii) Donations received by a charitable trust.
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