Which of the following components are taken into consideration while calculating the Gross Domestic Product by using the Expenditure method?
1. Private Sector’s Expenditure on final consumer goods
2. Investment or Capital Formation
3. Govt’s expenditure on final consumer goods
4. Savings in the bank
Select the correct answer using the code given below.
1
1, 2 and 3 only
2
2, 3 and 4 only
3
1 and 4 only
4
1, 2, 3 and 4