ECONOMICS
GDP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements best describes GNP?
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Total value of all goods and services produced with a country per year
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The general and sustained rise in the level of prices in an economy
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The value of all goods and services produced by a nation’s factors of production per year
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Income from domestic factors of productions located abroad, less income from foreign-owned FoPs situated domestically
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Explanation:
There is 1 question to complete.