Question
Which of the following is NOT a component of the
expenditure approach to calculating Gross Domestic Product (GDP)?Solution
The expenditure approach to calculating GDP includes consumption expenditure (spending by households), investment expenditure (spending by businesses), government expenditure (spending by the government), and net exports (exports minus imports). Transfer payments, such as social security benefits or unemployment compensation, are not included in GDP as they do not represent the production of new goods or services.
A) Goodness B) Practical C) Unethical D) Moral
Choose the word with the correct spelling:
Select the most appropriate synonym of the given word.
Perseverance
Belonging to or occurring in the present
The two parties signed a lengthy _________.
It took a lot of time in making both of them come to a comfortable mutual ___________.
Not man...
In each question below, four words printed in bold type are given. These are numbered (A), (B), (C) and (D). One these words printed in bold might eith...
A) Stationary B) Spurious C) Authentic D) Festive
...- Select the most appropriate synonym of the given word.
Abstain Sonali said to me, “Can you do these paintings for Vidhya?”
Select the most appropriate opposite of the given
CRITICS