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
The correct answer is: D
Explanation
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