A shopkeeper’s earning increases by 25% in first year but decreases by 4% in the next and so on. After 5 years his total earnings would be Rs. 72,000. What is his present earning?
The cost price of three varieties of mangoes namely M, N and O is Rs. 20/kg, Rs. 40/kg and Rs. 50/kg respectively. Find the selling price of one kg of mango in which these three varieties of mangoes are mixed in the ratio of 2 : 3 : 5 such that there is a net profit of 20%?
Ajay and his wife Reshmi appear in an interview for two vaccancies in the same post. The Probability of Ajay's selection is 1/7 and that of his wife Reshmi's selection is 1/5. What is the probability that only one of them will be selected?
Nirmala Sitharaman, who took oath as the new Cabinet member in september 2017 under Narendra Modi, has been given the Defence Ministry portfolio. Incidentally, she has become the first dedicated woman defence minister of India and only the second woman to hold the crucial ministry after Indira Gandhi.
12 days payment to the servant in a cloth showroom in festival season is Rs. 400 plus one shirt. The servant leaves after 9 days and recieves Rs. 280 and a shirt. What is the price of the shirt ?
India’s leading cueist Pankaj Advani teamed up with Laxman Rawat to demolish Pakistan in the final of the Asian Team Snooker Championship by 3-0 in Bishskek, Kyrgyszstan on July 5, 2017. With the title and the win in the final, Advani remained the only player not to lose a single individual match in the team event. This title brings up Advani’s second Asian title this season and 8th overall while it was a first major first international title for Rawat.
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
A) Consumption, investment, government purchases, and net exports
B) Consumption, investment, government spending, and imports
C) Consumption, investment, government purchases, and imports
D) Consumption, investment, wages, and rent
Answer & ExplanationAnswer: A) Consumption, investment, government purchases, and net exports
Explanation:
Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.
Simply, GDP is a broad measurement of a nation’s overall economic activity.
It is calculated by summation of Consumption, investment, government purchases, and net exports.