Question : In the given expression of GDP according to the expenditure method, which of the following represents the aggregate import expenditure incurred by the economy? C + I + G + X – M
Option 1: C
Option 2: M
Option 3: I
Option 4: X
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: M
Solution : The correct option is M.
In the given expression of GDP according to the expenditure method: C + I + G + (X − M). X represents exports (income from exports), and M represents imports expenditure. Therefore, (X − M) represents net exports or the trade balance. This term accounts for the difference between exports and imports, capturing the impact of international trade on the economy.
Candidates can download this e-book to give a boost to thier preparation.
Application | Eligibility | Admit Card | Answer Key | Preparation Tips | Result | Cutoff
Question : Which of these is not the correctly stated component of the expenditure method of measuring national income?
Option 1: Final investment expenditure by firms
Option 2: Final government expenditure
Option 3: Export plus import expenditure
Option 4: Final consumption expenditure by households
Question : The value of $(x^{b+c})^{b–c}(x^{c+a})^{c–a}(x^{a+b})^{a–b}$, where $(x\neq 0)$ is:
Option 1: 1
Option 2: 2
Option 3: –1
Option 4: 0
Question : Directions: In the following question, you have to identify the correct response from the given premises stated according to the following signs. In a certain code language, – represents ×, ÷ represents +, + represents ÷, and × represents –. Find out the answer to the following question. 15 – 6 + 10 × 3 ÷ 2 = ?
Option 1: 24
Option 2: 9
Option 3: 2
Option 4: 8
Question : Simplify the given expression and find the value for $x=-1$. $\frac{10 x^2+5 x+2 x y+y}{5 x+y}$
Option 1: –1
Option 2: 0
Option 3: 1
Option 4: 2
Question : Directions: Identify the correct response from the given premises stated according to the symbols. In a certain code language, – represents ×, ÷ represents +, + represents ÷ and × represents –. Find out the answer to the following equation. 19 ÷ 2 – 35 + 10 × 6 = ?
Option 1: 20
Option 2: 14
Option 3: 32
Option 4: 27
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile