Economics · Macroeconomics
Which of the following components is officially included under factor income during national income accounting?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1General sales tax collected on final goods
- 2Subsidies provided to production units
- 3Indirect taxes levied by the government
- 4Wages and salaries paid to employees✓
Correct answer
Wages and salaries paid to employees
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