Which of these is excluded from national income?

Wages of a factory workerCorrect answerYour answerIncome from smugglingCorrect answerYour answerCommission earned by a property agentCorrect answerYour answerFees of a lawyerCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer B

Correct answer: B

Illegal activities are not counted in official national income.
Wages, commission and fees are payments for legal services produced.

Concept: Illegal income
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsWhat is counted and what is not

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Which of these is excluded from national income?

Explanation