In a country with large population of full-time housewive...
In a country with large population of full-time housewives, national income
Will be composed of goods produced by women
Figures will be grossly over-stated
Statistics will be difficult to calculate
Figures will be grossly under-stated
Correct answer is D
National income of a country can be defined as the total market value of all final goods and services produced in the economy in a year.
The income of a housewife is not counted in the National Income or the Gross National Product of the country. This will make the national income under stated
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