Financial help received by flood victims is included/excluded in National Income
Financial help received by flood victims is included/excluded in National Income
Anurag Pathak Changed status to publish December 8, 2023
No,
Financial help received by flood victims will not be included in the national income as it is a mere transfer payment and does not lead to any flow of goods and services in an economy.
Anurag Pathak Changed status to publish December 8, 2023