Radhey makes expenditure on the purchase of garments from a garment manufacturer.” Will this expenditure made by him be included in the estimation of National Income? Justify your answer
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Explanation:
move or travel towards or into a place thought of as near or familiar to the speaker.
"Jessica came into the kitchen"
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move nearer
move closer
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Explanation:(i) No, as it has already been included in the year of its original purchase.
(ii) No, as such interest is treated as a transfer income because government generally borrows money to meet its consumption expenditure and no productive activity is linked with such loan.
(iii) Yes, as it is a part of COE.
(iv) Yes, it is a part of private final consumption expenditure.
(v) Yes. interest received is a factor income because debenture is a sort of loan taken by a production unit.
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