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Questions › UGC-NET › UGC-NET 2024 › Q40
2 marksMacroeconomics › National income accounting › The expenditure methodEasyabout 1 min

UGC-NET 2024 Question 40: National income accounting

When CdC_dCd​, IdI_dId​ & GdG_dGd​ stand for consumption expenditure, investment expenditure & government expenditure respectively, on domestically produced goods & services & X & M stand for aggregate values of export & import for a country, respectively, GDP is calculated as :

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When C_d, I_d & G_d stand for consumption expenditure, investment expenditure & government expenditure respectively, on domestically produced goods & services & X & M stand for aggregate values of export & import for a country, respectively, GDP is calculated as: (A) C_d + I_d + G_d + X - M (B) C + I + G_d + X (C) C_d + I_d + G_d - M (D) C_d + I_d + G_d + X

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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