Question

How will you treat the following while estimating domestic product of a country?

Give reasons to support your answer-


a. Purchase of goods by foreign tourists.

b. Remittances from NRI’s to their families in India.

C. Profits earned by a resident of India from his company in Singapore.​

Answer 1

Answer:

Give reasons for your answer: (a) Profits earned by branches of country's bank in other countries. (b) Gittsgiven by an employer to his employees on independence day.

Explanation:

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