Q. Which income will not be included in the national income calculation?
Answer: Individual’s income from share broker sale of shares
Notes: Income from the sale of shares, bonds and debentures is not included in the national income calculation as such transactions do not contribute to the current flow of goods and services. These financial assets are only paper claims and involve only a change of title. However, there is no commission or brokerage involved on such financial assets as it is a productive service.