Use app×
Ask a Question
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE

The vegetables grown in kitchen gardening are final goods, yet their value is not considered in estimating national income. Why ?

← Prev Question Next Question →
0 votes
381 views
in Economics by (73.4k points)
closed by
The vegetables grown in kitchen gardening are final goods, yet their value is not considered in estimating national income. Why ?
Play Quiz Game >

1 Answer

0 votes
by (83.2k points)
selected by
 
Best answer
Such transactions (termed as Non-Market Transactions) are not considered in estimating national income because it is difficult to ascertain their market value. Moreover, such transactions are not done for the purpose of earning income.
← Prev Question Next Question →

Find MCQs & Mock Test

  1. JEE Main 2025 Test Series
  2. NEET Test Series
  3. Class 12 Chapterwise MCQ Test
  4. Class 11 Chapterwise Practice Test
  5. Class 10 Chapterwise MCQ Test
  6. Class 9 Chapterwise MCQ Test
  7. Class 8 Chapterwise MCQ Test
  8. Class 7 Chapterwise MCQ Test

Related questions

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

User Contribution to Sarthaks eConnect
Managed by Sarthaks Digitizing India
...