Expenditure Approach

Q.

What are the two main objectives of budgeting?

Q. Which of the following gets subtracted while calculating GDP under expenditure approach?

1. Investment (I)
2. Imports (M)
3. Exports (E)
4. Government expenditure (G)

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> From the following information, calculate the Gross Domestic Product (GDP) of a country using the expenditure method.

Consumption: Rs 16, 000

Investment: Rs. 700

Government expenditure: Rs. 13, 000

Exports: Rs.1, 90, 000

Imports: Rs. 54, 000

1. Rs. 1, 65, 700
2. Rs. 2, 73, 700
3. Rs. 2, 72, 300
4. Rs. 2, 47, 700