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treatment of taking care of parents …

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treatment of taking care of parents in national income ???

    • Posted by Poonam Goyal 6 years, 8 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Rajat Katkani 6 years, 8 months ago

    Taking care of child by their parents is not included while calculating national income as it is difficult to compute the monetary value of self rendered services like this similarly the services rendered by a house wife is also not included while computing national income

    0Thank You

    Sonal Chandila 6 years, 8 months ago

    Taking care in the form of love, respect, provide them the medicines etc. Those 'care' which can be measured in monetary terms will be included in National Income but which can't be measured in monetary terms will not be included in National Income.

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