You have data for compensation of employees,proprietors' income,rental income,and net interest.Can you compute national income?
A) Yes.
B) No, since data on indirect business taxes are missing.
C) No, since data on corporate profits is missing.
D) No, since data on the capital consumption allowance is missing.
E) No, since net interest has not been adjusted for profits.

Question

Quizplus · Accepted Answer

National income calculation requires data on corporate profits, which is missing in the given data set.

You Have Data for Compensation of Employees,proprietors' Income,rental Income,and Net