Question : __________________ refers to gross market value of all final goods and services produced by the normal resident of a country during a period of one year.
Option 1: GDP at MP
Option 2: GNP at FC
Option 3: GNP at MP
Option 4: GDP at FC
Correct Answer: GNP at MP
Solution :
Question : ______________ refers to the gross market value of all final goods and services produced by the normal resident of a country during a period of one year.
Question : ______________________ refers to the gross market value of all final goods and services produced within the geographical territory of a country during a period of one year.
Question : _________________ refers to the gross market value of all final goods and services produced within the domestic territory of a country during a period of one year.
Question : ________________ refers to the net market value of all final goods and services produced by the normal resident of a country during a period of one year.
Question : __________________ refers to the next market value of all final goods and services produced within the domestic territory of a country during a period of one year.
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