CUET Economics - Which of the following are used to estimate GDP by expenditure method? (A) The final consumption expenditure on the goods and services produced by the firm. (B) The expenditure that the government makes on the final goods and services produced by firm. (C) Compensation of employees. (D) The final investment expenditure Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 15 May Shift 1

Macro

Medium

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

✅ Correct Option: 1

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Calculate the value of Real GDP for the year 2023

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

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CUET Economics 2025 15 May Shift 1 PYQs