Question

explain existence of non monetized sector under practical difficulties of measuring national incone​

Answer 1

Answer:

Existence of Non-Monetised Sector:

In each transaction, the problem of valuation of goods transacted crops up. Further, poor farmers of these countries retain large chunks of their output for self-consumption. Naturally, a large amount of output does not come to the market and is not subject to the valuation process.

Answer 2

Explanation:

Existence of Non-Monetised Sector:

In each transaction, the problem of valuation of goods transacted crops up. Further, poor farmers of these countries retain large chunks of their output for self-consumption. Naturally, a large amount of output does not come to the market and is not subject to the valuation process.

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