Question
Which of the following is true regarding GDP?
Which of the following is true regarding GDP?
i. In calculating GDP only final marketable goods and services are considered
ii. GDP can be Nominal or Real GDP
iii. GDP shows how much is produced within the boundaries of the country by both the citizens and the foreigners
iv. GDP is essentially about who is doing the production.
More Economics Questions
- Which institution is known as the "lender of last resort".
- Who has the authority to impose agricultural tax in India?
- Which is not correct about New Development Bank (NDB)?
- Consider the following statements about government securities and derivatives: (I) Government Securities are risk-free gilt-edged instruments. (II) Deriv...
- What does the economic term 'Inflation' refer to?**
- Which of the following committees examined and suggested the financial sector reforms?
- Macroeconomics primarily deals with:
- National Income is the
- An increase of 1% per annum in the growth rate of the money supply will increase inflation by:
- Which type of tax is levied directly on income and wealth?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
