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What do you understand by final expenditure? - Economics

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Question

What do you understand by final expenditure?

Very Short Answer
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Solution

Expenditure on goods and services sold for final consumption and capital formation is called final expenditure.

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Chapter 33: Measurement of National Income - TEST QUESTIONS [Page 33.19]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 33 Measurement of National Income
TEST QUESTIONS | Q A. 11. | Page 33.19
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