By Which scale the value of all economic activity pr... - Solved MCQs & Answer

2993EconomicsMedium

By Which scale the value of all economic activity produced by a nation during a given period is measured?

AGross National Product (GNP)

BGross National output

CGross Domestic Product (GOP)

DGross National output (GNO)

Correct answer

A. Gross National Product (GNP)

Explanation

The correct answer is Gross National Product (GNP).

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