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Which of the Following Is Not Included in National Income

question 13

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Which of the following is not included in National Income?


Definitions:

Invisible Hand

A term coined by Adam Smith to describe the self-regulating behavior of the marketplace, where individual self-interests inadvertently contribute to the economy's overall health.

Childcare Center

A facility that provides care and education to young children during the working hours, facilitating parental employment.

Profitable

Describing a business or activity that generates more revenue than it costs to operate, resulting in a financial gain.

Centrally Planned Economies

Economic systems where decisions about production, investment, and distribution are made by the government rather than the market.

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