Investment is reckoned by which method for computing GDP:
A) Income Method
B) Product method
C) Expenditure Method
D) Value added Method
Correct Answer:
Verified
Q1: Imputed value of good is added to
Q2: GDP Deflator is also called as:
A)Implicit Cost
Q3: Personal Income includes:
A)Dividend distributed
B)Social insurance contributions
C)Corporate profit
D)None
Q4: Disposable Income does not include:
A)Excise duty paid
B)Income
Q6: Adam Smith, the father of modern economic
Q7: _ introduced the concept of welfare in
Q8: Who defined economics as: a science which
Q9: The problem of scarcity and choice making
Q10: Macroeconomics is primarily concerned with aggregates. Which
Q11: Scientific attempts to describe economic relationships are
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