Calculate the value of Real GDP for the year 2023

Year	Output(units)	Market Price (in Rs)
2022	150	10
2023	200	20

The unsold finished goods, or semi-finished goods, or raw materials which a firm carries from one year to the next is a .....?

1. Flow and stock variable
2. Flow variable
3. Stock variable
4. Constant variable

Which of the following is considered as an intermediate good ?

Identify the correct statement with regards two sector economy model:

A. Total factor income is equal to aggregate consumption expenditure.

B. Consumers can dispose off their earnings through spending their entire income on consumption.

C. Balance of trade surplus.

D. Fair society through progressive tax regime.

Choose the correct answer from the options given below:

Calculate operating surplus from the following.

Choose the correct option.

Which of the following is a factor income?

To get gross domestic product at a factor cost (GDP_FC), which among the following should be deducted from GDP at market price (GDP_MP).