Durable goods purchased by a household is included/excluded in national income
Durable goods purchased by a household is included/excluded in national income
Anurag Pathak Changed status to publish December 8, 2023
Yes,
It will be included in the national income as it is a part of the private final consumption expenditure and is included through the expenditure method.
It is a final consumption good purchased by a household.
Anurag Pathak Changed status to publish December 8, 2023