In which category, the services of housewives are included?

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National income

Domestic income

Household income

None of these

answer is D.

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Detailed Solution

The services of housewives are not included in National income, Domestic income and Household income.
The services of homemakers are not included in measuring the national income or gross domestic product. The benefits of homemakers are challenging to measure, and these are also considered non-economic activities. Therefore, the market value of these services is not measurable. The national income, domestic income, and household income are the ways to determine the growth of the country. Federal income includes economic activities in the domestic country and the income from abroad by the country's citizens.

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