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This a MCQ (Multiple Choice Question) based practice test of Chapter 7 -  Employment Growth and Other Issues of Economics of Class XI (11) for the quick revision/preparation of School Board examinations
Q  The sum of the value of all final goods and services produced within the democratic territory of a country in a year is
  • a)
    Net National product
  • b)
    Net Domestic product
  • c)
    Gross Domestic product
  • d)
    Gross National product
Correct answer is 'C'. Can you explain this answer?
Verified Answer
This a MCQ (Multiple Choice Question) based practice test of Chapter 7...
GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an important indicator of the economic performance of a country. 
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Most Upvoted Answer
This a MCQ (Multiple Choice Question) based practice test of Chapter 7...
GDP means all those goods and services produced with in geographical limits of the country. .
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Community Answer
This a MCQ (Multiple Choice Question) based practice test of Chapter 7...
GDP It is the sum of all the economic servies including allthree sectors .
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This a MCQ (Multiple Choice Question) based practice test of Chapter 7- Employment Growth and Other Issues of Economics of Class XI (11) for the quick revision/preparation of School Board examinationsQ The sum of the value of all final goods and services produced within the democratic territory of a country in a year isa)Net National productb)Net Domestic productc)Gross Domestic productd)Gross National productCorrect answer is 'C'. Can you explain this answer?
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This a MCQ (Multiple Choice Question) based practice test of Chapter 7- Employment Growth and Other Issues of Economics of Class XI (11) for the quick revision/preparation of School Board examinationsQ The sum of the value of all final goods and services produced within the democratic territory of a country in a year isa)Net National productb)Net Domestic productc)Gross Domestic productd)Gross National productCorrect answer is 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about This a MCQ (Multiple Choice Question) based practice test of Chapter 7- Employment Growth and Other Issues of Economics of Class XI (11) for the quick revision/preparation of School Board examinationsQ The sum of the value of all final goods and services produced within the democratic territory of a country in a year isa)Net National productb)Net Domestic productc)Gross Domestic productd)Gross National productCorrect answer is 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for This a MCQ (Multiple Choice Question) based practice test of Chapter 7- Employment Growth and Other Issues of Economics of Class XI (11) for the quick revision/preparation of School Board examinationsQ The sum of the value of all final goods and services produced within the democratic territory of a country in a year isa)Net National productb)Net Domestic productc)Gross Domestic productd)Gross National productCorrect answer is 'C'. Can you explain this answer?.
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