Discussion :: Indian Economy
- Gross domestic capital formation is defined as
A.
flow of expenditure devoted to increased or maintaining of the capital stock |
B.
expenditure incurred on physical assets only |
C.
production exceeding demand |
D.
net addition to stock after depreciation |
Answer : Option D
Explanation :
Gross domestic capital formation refers to the net increase in the physical asset by the household, public, and government sector within the measurement period of the economy.Dec 26, 2019
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