Basics of Indian Economy
Quick practice
Question 1 of 5
Gross Domestic Product (GDP) is the:
1. Monetary value of all the finished goods and services produced within a country’s borders.
2. Measure of welfare or happiness.
3. Measure of Disposable Personal Income.
Which of the above statements is/are correct?
A
1, 2 and 3
B
1 only
C
2 and 3 only
D
1 and 3 only
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