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Gross Domestic Product (GDP) is
Answer & Solution
Correct answer: D.
1. GDP measures the value of final goods and services produced within a country in a year.
2. Only final values are counted to avoid double-counting intermediate goods.
3. It is the standard measure of an economy's size.
_Source: NCERT Class 10 Understanding Economic Development, Ch 2 "Sectors of the Indian Economy"_
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