What is a house hold transaction.
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Household final consumption expenditure(HFCE) is a transaction of the national account's use of income account representing consumer spending. It consists of the expenditure incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant. It also includes various kinds of imputed expenditure of which the imputed rent for services of owners occupied housing (imputed rents) is generally the most important one.
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Heyaa folk,
HOUSE HOLD TRANSACTION
It is a transaction of the national account's use.
That use of income account, which is representing consumer spending.
Hope it helps u :)
HOUSE HOLD TRANSACTION
It is a transaction of the national account's use.
That use of income account, which is representing consumer spending.
Hope it helps u :)
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