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in Economics by (76.1k points)

While estimating national income, how will you treat the following? Give reason for your answer.

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(i) Imputed rent of self occupied houses- Included as house is a capital good which generates income even if the owner resides in his own house. An imputed value is estimated & added in the national income.  

(ii) Interest received on debentures: Included as it is a factor income. 

(iii)financial help received for flood victims- not included as it is a transfer payment. 

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