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How Should the Following Be Treated in Estimating the National Income of a Country? You Must Give a Reason for Your Answer. Taking Care of Aged Parents - Economics

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प्रश्न

How should the following be treated in estimating the national income of a country? You must give a reason for your answer.

Taking care of aged parents

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उत्तर

Taking care of aged parents is not included in the estimation of national income because it does not involve any production of goods and services. Also, it is meant only for self-consumption

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2013-2014 (March) All India Set 1
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