Gross domestic capital formation is equal to:

507 viewsDecember 13, 2023MCQs (National Income)

Anurag Pathak28.35K December 13, 2023 0 Comments

(a) Gross fixed capital formation plus closing stock

(b) Gross fixed capital formation plus opening stock

(d) Net fixed capital formation plus consumption of fixed capital

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Anurag Pathak28.35K Posted December 13, 2023 0 Comments

Ans – (c)

Explanation:-

The following are the formulas of

Gross Domestic Capital Formation = Gross Fixed Capital Formation + Change in stock

Gross Domestic Capital Formation = Net Fixed Capital Formation + Consumption of fixed capital + Change in stock

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Gross domestic capital formation is equal to:

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Anurag Pathak

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