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Q: Which of the following is the correct full form of GDFCF?
  • A. Gross Development on Fixed Capital Formation
  • B. Gross Development Funding Capital Formation
  • C. Gross Domestic Fixed Currency Formation
  • D. Gross Domestic Fixed Capital Formation
Correct Answer: Option D - The full form of GDFCF is Gross Domestic Fixed Capital Formation. It is measured by the total value of of a producer's investment, less disposals of fixed assets during the accounting period. Gross fixed capital formation (GFCF) consists of resident producers investments, deducting disposals in fixed assets during a given period. It also includes certain additions to the value of non-produced assets realized by producers or institutional units.
D. The full form of GDFCF is Gross Domestic Fixed Capital Formation. It is measured by the total value of of a producer's investment, less disposals of fixed assets during the accounting period. Gross fixed capital formation (GFCF) consists of resident producers investments, deducting disposals in fixed assets during a given period. It also includes certain additions to the value of non-produced assets realized by producers or institutional units.

Explanations:

The full form of GDFCF is Gross Domestic Fixed Capital Formation. It is measured by the total value of of a producer's investment, less disposals of fixed assets during the accounting period. Gross fixed capital formation (GFCF) consists of resident producers investments, deducting disposals in fixed assets during a given period. It also includes certain additions to the value of non-produced assets realized by producers or institutional units.