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Per NCERT, what does GDP (Gross Domestic Product) measure?
AOnly government spending
BThe total population
CTotal exports only
DThe value of all FINAL goods and services produced within a country during a particular year
Answer & Solution
Correct answer: D. The value of all FINAL goods and services produced within a country during a particular year
Per NCERT §How do we count, GDP = value of all final goods + services produced in a year within the country.
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