Construction of new house (Excluded/Included in National Income)

624 viewsDecember 7, 2023National Income and related aggregates

Anurag Pathak28.64K December 7, 2023 0 Comments

Determine the following item included/excluded in the National Income

Construction of new house (Excluded/Included in National Income)

Anurag Pathak Changed status to publish December 7, 2023

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Anurag Pathak28.64K Posted December 7, 2023 0 Comments

Answer:-

Yes, it will be included in the National Income as it is a part of capital formation and leads to the production of goods and services in the economy.

Anurag Pathak Changed status to publish December 7, 2023

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