Answer these questions:
Dear Student,
a) It will be included in the Domestic Income as Indian Embassy is a part of domestic territory of India. However, it will not be included in the national income as it is a part of factor income paid abroad. It is subtracted from domestic income to get national income.
b) It will not be included in the Domestic Income as Reliance Industries is located outside the domestic territory of India. However, it will be included in the national in the national income as it is a part of factor income from abroad.
Regards
a) It will be included in the Domestic Income as Indian Embassy is a part of domestic territory of India. However, it will not be included in the national income as it is a part of factor income paid abroad. It is subtracted from domestic income to get national income.
b) It will not be included in the Domestic Income as Reliance Industries is located outside the domestic territory of India. However, it will be included in the national in the national income as it is a part of factor income from abroad.
Regards