How are the following treated as while estimating private final consumption expenditure Give reasons 1 exports 2 direct - Economics - National Income Accounting

Question

How are the following treated as while estimating private final
consumption expenditure ? Give reasons
1 exports
2 direct purchase made abroad by residents household
3 final consumption expenditure of non-profit institutions serving
households
4 change in Stock

Shiyal Malik · Answer

private final consumption expenditure includes
the following components:

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households' purchases of products for their everyday needs (e g
FOOD, clothing, cars, rents, personal services)
households' partial payments for products provided by the
general government (e g tickets to public museums and swimming
pools)
households' payments to the general government for licences and
permits (e g fees for issuing passports)
imputed rents for services of owner-occupied housing
household's own account consumption of outputs produced by
unincorporated enterprises owned by households (e g own-consumption
of milk produced on a farm)
income in kind EARNED by employees (free or reduced train
tickets for railway employees)
households' consumption of Financial Intermediation Services
Indirectly Measured (FISIM)

How are the following treated as while estimating private final consumption expenditure ? Give reasons 1 exports 2 direct purchase made abroad by residents household 3 final consumption expenditure of non-profit institutions serving households 4 change in Stock

How are the following treated as while estimating private final consumption expenditure ? Give reasons
1 exports
2 direct purchase made abroad by residents household
3 final consumption expenditure of non-profit institutions serving households
4 change in Stock