1.

The Gross Domestic Product of a country is defined as which among the following?

A. It is the value of all the goods and services produced by the citizens of a country, both domestic and non-residents, in a financial year.
B. It is the total value of the finished goods and services produced by the skilled citizens of a country in a financial year.
C. It is the total value of the goods and services produced in a country in a financial year.
D. It is the total value of the finished goods and services produced outside a country in a financial year.
E. It is the total value of the finished goods and services minus depreciation produced in a country in a financial year.
Answer» D. It is the total value of the finished goods and services produced outside a country in a financial year.


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