Question
Which among the following is NOT taken into
consideration while calculating the Gross Domestic Product of a country in a financial year?ÂSolution
The Gross Domestic Product (GDP) is defined as the estimated value of the goods and services produced in a country in a financial year by the nationals as well as the foreigners. Therefore, GDP = Consumption + Investment + Government spending + Exports – Imports. Hence, option D is correct.Â
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