The GDP of a country in a given period is equal to the :
GDP measures the market value of final goods and services produced within a country's domestic territory during a specified period. Counting final output avoids double…
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The GDP of a country in a given period is equal to the :
Answer and explanation
Correct answer D
GDP measures the market value of final goods and services produced within a country's domestic territory during a specified period. Counting final output avoids double counting intermediate goods, while consumption plus investment alone omits other components of total expenditure.
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Karnataka SET (KSET)