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Questions › CUET-PG › CUET-PG 2020 › Q42
4 marks, −1Macroeconomics › National income accounting › The expenditure methodModerateabout 1 min

CUET-PG 2020 Question 42: National income accounting

Y=C+I+G+(X−M)Y = C + I + G + (X - M)Y=C+I+G+(X−M) is

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Y = C + I + G + (X - M) is (A) An equation (B) An identity (C) A formula (D) A function

National income accounting has come up 132 times in 6 exams since 2010.

What this question tests

This question is on The expenditure method, part of National income accounting in Macroeconomics.

Measuring GDP as consumption, investment, government spending and net exports.

TestStop has 17 past-paper questions on this subtopic; the nearest in year are below.

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Question from the CUET-PG 2020 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.