Question

(vi) Val
(vii) va
(viii) in
te
(v) Gift tak
Ans. GDP
1. Why are exports treated as a part
How are the following treated in estimating national income/domestic income?
reasons.
(i) Services of owner occupied houses (ii) Sale of shares
(iii) Production for self consumption (iv) Old-age pension
Giving reasons, explain how the following should be treated in estimation of national
income:
(i) Expenditure by a firm on payment of fees to a chartered accountant
(ii) Payment of corporate tax by a firm
(iii) Purchase of a refrigerator by a firm for own use
in how the following could be treated in estimation of
3. Cal
(i)
(ii
(iii
lis​

Answer 1

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