What are the main components of Gross Domestic product at market price – InterviewSolution

1.

What are the main components of Gross Domestic product at market price by Expenditure Method ?

Answer»

There are four components :

(1) Private final consumption expenditure.

(2) Govt. final consumption expenditure.

(3) Gross Domestic capital formation.

(4) Net exports (Exports–Imports).

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