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How are following treated in the estimat...

How are following treated in the estimation of national income ?
Wheat grown by a farmer but used entirely for family's consumption.

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Verified by Experts

Yes, it is included in the national income because it adds to the current flow of goods and services. Therefore, its imputed value should be included.
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RADHA BHUGANA-MEASUREMENT OF NATIONAL INCOME : METHODS OF CALCULATING NATIONAL INCOME-CONCEPTUAL QUESTION
  1. How are following treated in the estimation of national income ? Ser...

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  2. How are following treated in the estimation of national income ? Com...

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  3. How are following treated in the estimation of national income ? Whe...

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  4. Will the following factor incomes be a part of domestic factor income ...

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  5. How are following treated in the estimation of domestic factor income ...

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  6. How are following treated in the estimation of domestic factor income ...

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  7. will the following factor income be included in domestic factor income...

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  8. How are following treated in the estimation of domestic factor income ...

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  11. How are following treated in the estimation of domestic factor income ...

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  12. Giving reason explain how should the following be treated in estimatin...

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  13. Giving reason explain how should the following be treated in estimatin...

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  14. Giving reason explain how should the following be treated in estimatin...

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  15. How should the following be treated in estimating national income of a...

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  16. How should the following be treated in estimating national income of a...

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  17. How should the following be treated in estimating national income of a...

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  18. How should the following be treated in estimating national income of a...

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  20. How should the following be treated in estimating national income of a...

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