What is measured by Gross domestic product (GDP)? – McqOptions

MCQOPTIONS

1.	What is measured by Gross domestic product (GDP)?
A.	Value of all economic activity within nation’s border
B.	Economic output of a country
C.	Economic activity of federal government
D.	None of these
Answer» B. Economic output of a country

Discussion

No Comment Found

Related MCQs

Which of the following terms refers to income that is saved and not invested ?
Which of the following would cause income to become more unequal ?
Which of the following would increase national income ?
Which property the paper money does not process ?
Which situation will a country face, if the birth rate falls sharply, while the death rate remains unchanged ?
Which statistical factor is used to convert current currency purchasing power into inflation adjusted purchasing power ?
Which term is used for a bank account which can be operated at will ?
Which term is used for a country’s holdings of intentionally acceptable means of payment ?
Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
Which term is used for an engagement in risky business with the idea of making a large profit in short time ?