National expenditure includes _______.

consumption expenditure

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investment expenditure

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government expenditure

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all of the above

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Solution

The correct option is D all of the above
The total level of expenditure in a national economy which is equivalent to its total level of output and the total level of income is known as 'national expenditure'. It includes all type of expenditures from consumption to investment including the ones done by the Government.

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Similar questions

Consider the following statements: -

1. National disposable income includes Net National Product at Market prices only.

2. GDP is a measure of National Income/ National output and National expenditure produced in a particular country.

3. GNP includes the value of all goods and services produced by nationals whether in the country a abroad.

4. GNP does not include dividends and interest from abroad in Income.

Which of the above statements is are correct?

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