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    Question

    GDPf = Gross Domestic Product at Factor Cost; GDPm = Gross Domestic Product at Market Price; NNPf = Net National Product at Factor Cost; C = Consumption; I = Investment; G = Government Exprnditure; X = Export; M = Import; T= Tax; S = Saving; D = Depreciation; NIA = Net Income from Abroad

    Which of the following expressions is/are CORRECT?

    A GDPF = C + I + G + X – M Correct Answer Incorrect Answer
    B GDPM = C + I + G + X - M Correct Answer Incorrect Answer
    C NNPF = C + I + G + X – M – T + S – D + NIA Correct Answer Incorrect Answer
    D NNPF = C+ I + G + X – M – T + S – D Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    GDPM = C + I + G + X  - M  All other are incorrect statements

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