QUESTION 1/3

Question

Which of the following is NOT a component of Gross Domestic Product (GDP)?

Consumer Price Index

Investment
Government Spending

Net Exports

Answer 1

The component that is NOT part of Gross Domestic Product (GDP) is the Consumer Price Index.

The main components of GDP are:

• Consumption
• Investment
• Government Spending
• Net Exports (exports minus imports)

The Consumer Price Index (CPI) is a measure used to assess price changes associated with the cost of living, but it is not a component of GDP itself.