Question

6. Which of the following items will not be included while calculating NDP at MP?
a) Consumption of fixed capital
b) Private final consumption Expenditures
c) Net Exports
d) Government final consumption Expenditure​

Answer 1

Explanation:

OPTION (B)

PLEASE MARK AS BRAINLIST HEARTILY AND THANKSGIVING ALSO

Answer 2

The correct option is (b). Private final consumption expenditure.

• Government consumption expenditure includes both products and services bought by the government as well as purchases of goods and services by the government that is supplied to households.
• Whereas private final consumption expenditure is defined as spending on services and goods for the satisfaction of personal requirements.
• Food, accommodation (rents), fuel, clothing, health, leisure, school, connection, transport, as well as hotel and tourism activities, are all private limited company's consumption.

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