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What does \(I\) represent in the GDPMP formula?

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Question

What does \(I\) represent in the GDPMP formula?

Options

  • Net Factor Income from Abroad

  • Gross Domestic Investment Expenditure

  • Indirect Taxes

  • Imports

MCQ
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Solution

The symbol \(I\) represents Gross Domestic Investment Expenditure. It includes expenditure on capital goods and addition to productive capacity.

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