National Debit interest
National Debit interest
the interest paid by the government on loans taken to meet its administrative expenditure and consumption expenditure.
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Since interest on lone taken to meet consumption expenditure is not a factor income it is not included in national income or NNP FC. To arrive at disposable income of which private income is a part.
the interest paid by the government on loans taken to meet its administrative expenditure and consumption expenditure.
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Since interest on lone taken to meet consumption expenditure is not a factor income it is not included in national income or NNP FC. To arrive at disposable income of which private income is a part.
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