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Question

Business Economics Question on Marketing

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:

A

Gross Domestic product

B

Gross National Product

C

Net Domestic Product

D

Net National Product

Answer

Gross Domestic product

Explanation

Solution

The correct answer is (A) : Gross Domestic product.