Question

11. GDP stands for Gross Domestic Product. What does it show? Pick up the correct
statement given below:
(a) It shows how big is the economy of a country in a given year in terms of its total
output
(b) It shows what the total product of a country in a given year without counting the
country's total resources,
(c) It shows the number of people involved in production in a particular year.
(d) It shows the total value of trade trans-actions of a country in a particular year
Answer​

Answer 1

b)GDP ,also called as Gros Domestic Product is the goods production in a country for a particular time period that is .., a year .

Answer 2

Answer:

( D ) ɪᴛ sʜᴏᴡs ᴛʜᴇᴄᴛᴏᴛᴀʟ ᴠᴀʟᴜᴇ ᴏғ ᴛʀᴀᴅᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs ᴏғ ᴀ ᴄᴏᴜɴᴛʀʏ ɪɴ ᴀ ᴘᴀʀᴛɪᴄᴜʟᴀʀ ʏᴇᴀʀ ..

ᴘʟᴇᴀsᴇ ᴍᴀʀᴋ ᴀs ʙʀᴀɪɴʟɪᴇsᴛ .....