Economics MCQs

Economics - GDP Questions with solutions MCQs

1. What is Gross Domestic Product?

A

The total value of goods and services manufactured in the country.

B

The total value of all the transactions in the country.

C

The reduction in the total value of goods and services produced in the country.

D

The monetary value of all finished goods and services made within a country during a specific period.

Economics - GDP Account Ast. 2024
Correct Answer : D
Explanation :

GDP measures the monetary value of all finished goods and services produced within a country`s borders in a given period.

Correct Answered :

Wrong Answered :

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