Which of the following items is not included in the measurement of the national income using the income approach
Answer Details
The item that is not included in the measurement of the national income using the income approach is government purchases. The income approach measures national income by summing up all the income generated in an economy, including wages and salaries, interest, and dividends. Government purchases, on the other hand, are part of government spending and are not considered as income generated by individuals or businesses in the economy. Therefore, government purchases are not included in the measurement of national income using the income approach.