Question
Will the following be included in the national income of India? Give reasons for your answer
Salaries of Indians working in the American Embassy in India
Solution
Salaries of the Indian working in the American embassy in India are included in the estimation of national income because they are normal residents of India.
Is there an error in this question or solution?
Solution Will the Following Be Included in the National Income of India? Give Reasons for Your Answer Salaries of Indians Working in the American Embassy in India Concept: Concept of Balance of Payments Account.