Question

GDP stands for Gross Domestic Product. What does it show? Pick up the correct statement given below:
It shows how big the economy of a country is in a given year in terms of its total output.

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 intermediate goods produced in a country in a particular year

Answer 1

Answer:

D. It shows the total value of intermediate goods produced in a country in a particular year

Answer 2

Answer:

D is the correct answer

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