Income from second hand sale of goods is
excluded from national income.
Answers
Answered by
1
Explanation:
Income from the second hand sale of goods is not included in the national income of that current accounting year. This is because the value of these goods was included in the national income in the accounting year in which they were produced.
Answered by
5
This is because the value of these goods was included in the national income in the accounting year in which they were produced.Thus if the valus if these goods is also included in the current yr, it will lead to the problem of double counting of the value of such goods
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