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
Answer (1)
24th Jan, 2024
Correct Answer: GNP at MP
Solution :
Gross national product at market price 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.
Hence, Option C is correct.
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