In Calculation of GDPMP by expenditure Method, what should be added in place of question mark in the given equation? GDPMP = C + I + G + ? |
Net Imports Net Exports Net factor Income from Abroad NIT (Net Indirect Tax) |
Net Exports |
The correct answer is Option 2: Net Exports. The formula for calculating GDPMP (Gross Domestic Product at Market Prices) using the expenditure method is: GDPMP = C + I + G + NX where:
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