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Question Practice

When calculating the GDP, if a country's consumption increases while investments and exports remain constant, what is the most probable effect?

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

When calculating the GDP, if a...

Single Answer MCQ
Q-00088986

When calculating the GDP, if a country's consumption increases while investments and exports remain constant, what is the most probable effect?

1

GDP will decrease

2

GDP will increase

3

GDP will not change

4

GDP can neither increase nor decrease

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

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Q4.

What is the formula for GDP using the expenditure method?

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