The vegetables grown kichen garden are final goods yet the value
to not considered in estimating national come Why
Manish buys a second hand car from a car broker for Rs 325.000 The
broker receive Ry 16 500 as commission for services from Manish
How will the transaction affect the national income of the mount
Give reason
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Answer:
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Answered by
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Explanation:
Such transactions (termed as Non-Market Transactions) are not considered in estimating national income because it is difficult to ascertain their market value. Moreover, such transactions are not done for the purpose of earning income. Such transactions (termed as Non-Market Transactions) are not considered in estimating national income because it is difficult to ascertain their market value. Moreover, such transactions are not done for the purpose of earning income.
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