Given the Gross Domestic Product at market price if the country is not able to replace the capital stock lost through depreciation then the value of GDP will ___________.

When the income is being spent on the goods and services produced by the firms, it takes the form of ________ received by the firms.

Match List - I with List - II.

List - I | List - II

(A) Income Method | (I) Calculated at current prices

(B) Expenditure Method | (II) Calculated at constant prices

(C) Real GDP | (III) Aggregate of final expenditures

(D) Nominal GDP | (IV) Aggregate of factor incomes

Choose the correct answer from the options given below :

Identify the correct statements about the externalities as a limitation of GDP and welfare.

A. GDP as measured does not include external production of goods.

B. Inverse relationship between negative externality and welfare.

C. No relation between GDP and welfare.

D. Economic activities have both positive and negative externalities.

E. Producers are rewarded with profit for positive externalities

Choose the correct answer from the options given below :

An annual allowance for wear and tear of capital goods is defined as?

Match List - I with List - II.

Choose the correct answer from the options given below :

Select the intermediate expenditure from the following.