The value of all final goods and services produced within a country in a year is its:
AGross Domestic Product
BNational income tax bill
CTotal trade surplus
DTotal money supply
Answer & Solution
Correct answer: A. Gross Domestic Product
1. Production of the three sectors is added.
2. It shows how big the economy is.
3. This is the Gross Domestic Product.
_Source: syllabus Economics, Understanding Economic Development, Chapter 2, Sectors of the Indian Economy._
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