Question:
The measure of total market value of all final goods and services produced in the domestic economy during a period of one year plus in come earned by the foreigners in the country minus income earned by countrymen from abroad is called:
The measure of total market value of all final goods and services produced in the domestic economy during a period of one year plus in come earned by the foreigners in the country minus income earned by countrymen from abroad is called:
Updated On: Mar 15, 2024
- Gross Domestic product
- Gross National Product
- Net Domestic Product
- Net National Product
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The Correct Option is A
Solution and Explanation
The correct answer is (A) : Gross Domestic product.
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