CBSE (Arts) Class 12CBSE
Share
Notifications

View all notifications

How Should the Following Be Treated While Estimating National Income? You Must Give Reason in Support of Your Answer. Purchase of Taxi by a Taxi Driver. - CBSE (Arts) Class 12 - Economics

Login
Create free account


      Forgot password?

Question

How should the following be treated while estimating national income? You must give the reason in support of your answer.

Purchase of taxi by a taxi driver.

Solution

Purchase of a taxi by a taxi driver will be included in the estimation of national income because the purchase of new taxis is considered an investment by the driver.

  Is there an error in this question or solution?
Solution How Should the Following Be Treated While Estimating National Income? You Must Give Reason in Support of Your Answer. Purchase of Taxi by a Taxi Driver. Concept: Concept of National Income.
S
View in app×