MCQOPTIONS
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| 1. |
In terms of economics, the total value of the output (goods and services) produced and income received in a year by domestic residents of a country put together is called? (B.O.M. 2009) |
| A. | Net National Product |
| B. | Gross National Product |
| C. | Gross National Income |
| D. | National Income |
| Answer» C. Gross National Income | |