Question
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.Solution
GDP is essentially about WHERE production takes place. GNP or Gross National Product is about who produces.
Statements:
A < L ≤ P > D; F > W = P > S ≥ T
Conclusion:
I. S > L
II. F ≥ A
Statements:
B < C ≤ I = O; C ≥ J ≥ K ≥ N; Z ≤ M ≤ N
Conclusions:
I) O > Z
II) O = Z
...Which of the following symbols should be placed in the blank spaces respectively (in the same order from left to right) in order to complete the given e...
In the question, assume the given statements to be true. Find which of the following conclusion(s) among the three conclusions is/ are definitely true ...
Study the following information carefully and answer the questions given below:
Statements:
Q = B > J, Q = U ≤ V, X ≤ V
Conc...
Statements:
L ≤ J ≤ C = N; W ≥ X > L
Conclusions:
I. J ≤ X
II. X ˃ W
Statements: P > X > Q < R = S ≥ T < U < V ≤ W
Conclusion
I: W > Q
II: R > T
Statements: S ≥ U < N = A; D > U ≥ C
Conclusions: I. C < D II. S ≥ D
Statements: I > L < N ≥ T > H; L > G > P; U ≥ G = O
Conclusion:
I. O ≤ I
II. P < N
III. I > U
Statements:
J < O < K ≥ R > W; Y < B < P ≤ O
Conclusions:
I). W > B
II). Y < K
...
