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Question Practice

What is the formula for GDP using the expenditure method?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
National Income Accounting
Question Bank

What is the formula for GDP us...

Single Answer MCQ
Q-00088974

What is the formula for GDP using the expenditure method?

1

GDP = C + I + G + X - M

2

GDP = C + G + E + I

3

GDP = C + M + G + I

4

GDP = C + I + M - X

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In the expenditure method, which component represents expenditures by households?

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