Is Direct purchases made abroad by government included/excluded in National Income?
Is Direct purchases made abroad by government included/excluded in National Income?
Anurag Pathak Changed status to publish December 8, 2023
Yes,
Direct purchases made abroad by government will be included in the national income as it is a part of the government final consumption expenditure.
It is included in the national income through expenditure method.
Anurag Pathak Changed status to publish December 8, 2023
