Question

→ GDP is the total value of_______produced during a particular year.
(i) all goods and services
(ii) all final goods and services
(iii) all intermediate goods and services (iv) all intermediate and final goods and services.​

Answer 1

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GDP is the total value of all goods and services produced during a particular year.

Answer 2

Question:-

GDP is the total value of_______produced during a particular year.

(i) all goods and services

(ii) all final goods and services

(iii) all intermediate goods and services

(iv) all intermediate and final goods and services.

Answer:-

GDP is the total value of all goods and services produced during a particular year.

• Gross Domestic Production is the full form of GDP.

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