Question
Gross domestic product is a measure of :
Answer: Option A
Answer: (a)
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year.
GDP can be determined in three ways: the production (or output) approach, the income approach, or the expenditure approach.
Was this answer helpful ?
Answer: (a)
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year.
GDP can be determined in three ways: the production (or output) approach, the income approach, or the expenditure approach.
Was this answer helpful ?
More Questions on This Topic :
Question 7. Corporation tax is a tax imposed on
....
Question 8. What is NABARD’s primary role?
....
Question 10. The symbol of Reserve Bank of India is
....
Latest Videos
Latest Test Papers
Submit Solution