Is depreciation on capital assets charged by firms included/excluded in national income?
Is depreciation on capital assets charged by firms included/excluded in national income?
Anurag Pathak Changed status to publish December 9, 2023
No,
It will not be included in the national income as it is a mere accounting entry that is needed to accommodate the regular wear and tear of capital.
Anurag Pathak Changed status to publish December 9, 2023
