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