MCQOPTIONS
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| 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. | |