--%>

Transfer income in national income

Is transfer income involved in national income? Explain Why?

Answer: No, since transfer income does not effect in the production of services and goods.

   Related Questions in Business Economics

  • Q : Explain Unemployment Explain

    Explain Unemployment, Growth, and the Future?

  • Q : Briefly state the pros and cons of

    Briefly state the pros and cons of Proprietorship?

  • Q : Describe the Slope of a nonlinear curve

    Describe the Slope of a nonlinear curve?

  • Q : Determine equilibrium prices market

    The new supply and demand curves within University City were S0 and D0, before the county commission imposed a $3 per six-pack excise tax upon beer. The new equilibrium quantities of six-packs sold per month and equilibrium prices, respectively,

  • Q : When Economic efficiency is present

    Economic efficiency is present while the: (w) economic system is a pure socialist system. (x) resources obtainable are slightly wasted. (y) value of output is maximized, specified restricted resources. (z) utilization of resources is minimized. <

  • Q : Limitations of activities to generate

    Illustrations of activities which generate negative externalities would not comprise: (w) burning coal that results in acid rain. (x) smoking a cigar at the opera. (y) killing fish by dumping sewage into a river. (z) being inoculated against a contagi

  • Q : Market Apparent program For the

    For the question below, utilize the given information. The market for gizmos is competitive, with an increasing sloping supply curve and a downward sloping demand curve. With no govt. intervention, the equilibrium price is $25 and the equilibrium quantity is 10,000 gi

  • Q : Describe unequal burdens of

    Describe unequal burdens of unemployment exist?

  • Q : Describe Quasi-public goods Describe

    Describe Quasi-public goods?

  • Q : Free rider problem Question: Explain

    Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good. Answer: