Goods produced for self-consumption will be included in the National Income.
True of False with Reasons:
Goods produced for self-consumption will be included in the National Income.
Anurag Pathak Changed status to publish December 11, 2023
True,
Such goods contribute to the current output and their imputed value will be included in national income.
Explanation:-
in simple words, the market value of goods produced for self-consumption can be ascertained with available data. Thus it adds to the current flow of goods and services.
Anurag Pathak Changed status to publish December 11, 2023
