In calculating the Gross National Product (GNP) by the income approach , all the following…

In calculating the Gross National Product (GNP) by the income approach , all the following are included except
  • A.
    wages and salaries
  • B.
    direct taxes paid by persons and companies
  • C.
    rents on houses
  • D.
    retirement benefits
  • E.
    business profits
Correct Answer: Option D
Explanation
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