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Why is current transfer from abroad not a part of national income?

+1 vote

asked Mar 5, 2019 in Class 12 by kratos

Why is current transfer from abroad not a part of national income?

class-12
national income and its related aggregates
cbse

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1 Answer

+3 votes

answered Feb 4, 2020 by kratos

Best answer

Current transfers from abroad not a part of national income because these do not contribute to the flow of goods and services in the economy

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