Is HP uses its own new Laptops in its office for self-consumption included/excluded in national income?
Is HP uses its own new Laptops in its office for self-consumption included/excluded in national income?
Anurag Pathak Changed status to publish December 8, 2023
Yes,
HP uses its own new Laptops in its office for self-consumption will be included in the national income as it adds to the current flow of goods and services.
Therefore, the imputed value of laptops should be included.
Explanation:-
HP laptop has its own price in the market. Any good that is self-produced and possesses a market price will be included in national income.
Therefore, laptop’s imputed value will be included in the national income.
Anurag Pathak Changed status to publish December 8, 2023
