Economics · National Income Accounting
Consider the following statements: 1. Transfer payments do not generate current output. 2. Capital gains are included in national income as they increase wealth. 3. Imputed rent reflects real services generated within the economy. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 22 and 3 only
- 31 and 3 only✓
- 41 and 2 only
Correct answer
1 and 3 only
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