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Which of the following is NOT include in measuring national income by the income approach?

Economics
JAMB 1983
Which of the following is NOT include in measuring national income by the income approach?
  • A. Wages and salaries of public servant
  • B. student grants and scholarship
  • C. Profit of companies
  • D. income earned by self employed persons such as lawyers
  • E. Rents on property
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Correct Answer: Option B
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