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. - Economics
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.
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.
Concept: Concept of National Income
Is there an error in this question or solution?
why create a profile on Shaalaa.com?
1. Inform you about time table of exam.
2. Inform you about new question papers.
3. New video tutorials information.