In a country with large population of full-time house wives, national income

  • A will be composed of goods produced by women
  • B figures will be grossly over-stated
  • C statistics will be difficult to calculate
  • D figures will be grossly under-estimated
jamb 2022economics

The correct answer is B. figures will be grossly over-stated

In a country with large population of full-time housewives, national income figures will be grossly over-stated because the income of the housewives may be computed in estimation of National Income which result to double counting.

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