Q5.The money value of all final goods and services produced within a country during a particular year is called:

Question

(a) Gross domestic product
(b) Net domestic product
(c) National product
(d) Production of secondary sector

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swatiqna 3 years 2021-12-29T04:03:51+00:00 1 Answer 7 views Enlightened 0

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  1. swatiqna
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    2021-12-29T04:04:13+00:00
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    Answer:-(a) Gross domestic product
    EXPLANATION: -GDP stands
    for “Gross Domestic Product” and
    represents the total monetary value
    of all final goods and services
    produced (and sold on the market)
    within a country during a period of
    time (typically 1 year). Purpose.
    GDP is the most commonly used
    measure of economic activity.

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