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.
During Pleistocene epoch, four glacial phases were identified. Which one of the following is the correct chronological order in which they appeared during this epoch from early times?
Durand Cup is associated with the game of Football.
The Durand Football Tournament or Durand Cup is a football competition in India which was first held in 1888. This competition was named after its founder, Sir Mortimer Durand from Simla.