Is Purchase of taxi by a taxi driver included/excluded in National Income
Purchase of taxi by a taxi driver is included/excluded in National Income
Anurag Pathak Changed status to publish
Yes,
Purchase of taxi by a taxi driver will be included in the national income as it is a part of the gross domestic capital formation.
Gross domestic capital formation is included in the national income through the expenditure method.
Anurag Pathak Changed status to publish
