Whether the following items will be included in National Income ? Give reasons for your answer. sales promotion expenditure by a firm
Dear student,
Sales promotion expenditure by a firm is an intermediate expenditure. Sales promotion expenditure helps in increasing the sales volume. We know that expenditure for intermediate consumption is not included in the national income thus the sales promotion expenditure by a firm should not be included in National income
Regards
Sales promotion expenditure by a firm is an intermediate expenditure. Sales promotion expenditure helps in increasing the sales volume. We know that expenditure for intermediate consumption is not included in the national income thus the sales promotion expenditure by a firm should not be included in National income
Regards