Economics · National Income
The monetary value or expenditure allocated for the regular wear and tear or normal repair of a machine used over time by a firm is termed as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1gross investment
- 2capital assets
- 3depreciation✓
- 4final consumption expenditure
Correct answer
depreciation
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice National Income MCQs →Want more practice questions on National Income?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · National Income