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Is purchase of equipments for installation in a factory included/excluded in National Income?

546 viewsDecember 8, 2023National Income and related aggregates

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Anurag Pathak28.57K December 8, 2023 0 Comments

Is purchase of equipments for installation in a factory included/excluded in National Income?

Anurag Pathak Changed status to publish December 8, 2023

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Anurag Pathak28.57K Posted December 8, 2023 0 Comments

Yes,

It will be included in the national income as it is a part of capital formation.

It adds to the present stock of capital during the year and leads to capital formation.

Capital formation is included in national income through the expenditure method.

Anurag Pathak Changed status to publish December 8, 2023

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