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why are transfer payments not included …

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why are transfer payments not included while calculating national income ?

    • Posted by Jagdeep Kaur Chhina 7 years, 2 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Shivangi Goel 7 years, 2 months ago

    Transfer payments are the one sided payment and also not gained in the return of lender the factor of production...And as we know,, national income is the sum total of factor incomes...

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