Economy, asked by karansinghrk572, 9 months ago

Is payment of interest by a firm to a bank added or subtracted in national income

Answers

Answered by RAthi21

3

hello!

_____

↪No,

↪it will not be included in the national income as it is a part of intermediate consumption expenditure.

↪it will not be included in national income because it is a non factor payment as general government borrows only for consumption purpose.

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