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Measuring National Income · Question 31 of 69

Question 31

HardOriginal question

For an economy: private final consumption ₹800 crore, government final consumption ₹200 crore, gross domestic capital formation ₹300 crore, net exports ₹50 crore. GDP at market price is

Options for question 31

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. GDP at MP = 800 + 200 + 300 + 50 = ₹1,350 crore.

Concept
GDP by expenditure
Typical time
100 s
Your time
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The rule this testsExpenditure method
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