Giving reason explain how should the following be treated in estimatin

1.	Giving reason explain how should the following be treated in estimating national income :
Answer» (i) Expenditure on fertilisers by a farmer – Not included as it is an intermediate good (ii) Purchase of tractor by a farmer – Included- as it is a capital good, it is an investment

Giving reason explain how should the following be treated in estimating national income :

Answer»

(i) Expenditure on fertilisers by a farmer – Not included as it is an intermediate good

(ii) Purchase of tractor by a farmer – Included- as it is a capital good, it is an investment

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Giving reason explain how should the following be treated in estimating national income :

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