Imputed value
Revision as of 16:56, 2 July 2020 by Kainat9 (talk | contribs) (Created page with "*Imputed value is an estimate of the value of a good or service that is not sold in the marketplace and therefore does not have a market price. ==Definition== According t...")
- Imputed value is an estimate of the value of a good or service that is not sold in the marketplace and therefore does not have a market price.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Imputed value. An estimate of the value of a good or service that is not sold in the marketplace and therefore does not have a market price.