Question

In an imaginary economy, the monetary value of contributions of private sector, pubic sector,

primary sector, secondary sector and tertiary sector are Rs. 500, Rs. 1,000, Rs. 10,000, Rs.

5000 and Rs. 7,000. The Gross Domestic Product of the economy is:

(1) Rs. 23,500 (2) Rs. 22,000

(3) Rs. 23,000 (4) Rs. 22,500

Answer with solution​

Answer 1

Answer:

(1) 23,500

In an imaginary economy the monetary

value of contributions of primary sector,

public sector, secondary sector and

service sector are Rs 100, Rs 25, Rs

28 and Rs 77 respectively The gross

domestic product of the economy

Explanation:

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Answer 2

(2) Rs. 22,000

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