Economics · National Income Accounting
Calculate the Gross Domestic Product (GDP) using the Expenditure Method with the following data: • Private Consumption (C) = ₹600 billion • Private Investment (I) = ₹250 billion • Government Consumption (G) = ₹350 billion • Changes in Stock = ₹70 billion • Exports (X) = ₹150 billion • Imports (M) = ₹120 billion
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹1550 billion
- 2₹1500 billion
- 3₹1450 billion
- 4₹1230 billion✓
Correct answer
₹1230 billion
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