Purchase of car by a household is a part of gross domestic capital formation
True or Fale with Reasons:
Purchase of car by a household is a part of gross domestic capital formation.
Anurag Pathak Changed status to publish December 11, 2023
False,
It is a part of private final consumption expenditure.
Explanation:-
All types of purchase of durable and non-durable by households is the part of private final consumption expenditure.
Anurag Pathak Changed status to publish December 11, 2023