Is purchases of a truck to carry goods by a production unit included/excluded in national income?
Is purchases of a truck to carry goods by a production unit included/excluded in national income?
Anurag Pathak Changed status to publish December 8, 2023
Yes,
The purchases of a truck to carry goods by a production unit will be included in the national income as it is a part of the gross domestic capital formation.
It will be included in the national income through expenditure method.
Anurag Pathak Changed status to publish December 8, 2023