Which of the following is NOT a component of GDP? (2023)

Practice Questions

1 question
Q1
Which of the following is NOT a component of GDP? (2023)
  1. Consumption
  2. Investment
  3. Exports
  4. Taxation

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following is NOT a component of GDP? (2023)
Solution: Taxation is not a direct component of GDP; it is a means of revenue for the government.
Steps: 0

Related Questions

Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely