Is purchase of uniforms for nurses by a hospital included/excluded in national income?
Is purchase of uniforms for nurses by a hospital included/excluded in national income?
Anurag Pathak Changed status to publish December 9, 2023
No,
It will not be included in the national income as it is an intermediate cost for the hospital.
Explanation:-
The cost of the purchase of uniforms for nurses is already included in the final goods and services of the hospital.
The national income only counts the value of the final goods and services.
If purchase of uniforms also added, it will lead to the double counting.
Anurag Pathak Changed status to publish December 9, 2023
