Economics · National Income Accounting
Using the Expenditure Method, find the GDP at Market Price from the macroeconomics data provided for a country: Private Final Consumption Expenditure = 4500 Government Final Consumption Expenditure = 1500 Gross Fixed Capital Formation = 2000 Change in Stock = 300 Exports = 800 Imports = 1100 Net Indirect Taxes = 500
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 48000✓
Correct answer
8000
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