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Which of the following items is not included in measuring...

Which of the following items is not included in measuring national income by the income approach?

A.

Profits of companies

B.

Rents on property

C.

Student's grants and scholarships

D.

Wages and salaries of public servants

Correct answer is C

National income using the income approach is calculated as; National Income = Rent + Wages + Interest + Profit + Mixed-Income.

Student's grants and scholarships are not included in the calculation of national income