Mathematics · National Income Accounting
Calculate the Gross Domestic Product (GDP) using the Expenditure Method with the following data: C = ₹600b, I = ₹250b, G = ₹350b, X = ₹150b, M = ₹120b (Note: Changes in stock are already accounted for in Investment I).
- 1₹1150 billion
- 2₹1350 billion
- 3₹1450 billion
- 4₹1230 billion✓
Correct answer
₹1230 billion
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