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Gross domestic product is a measure of :
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- A country’s international economic activities
- A country’s domestic economic activities
- A country’s financial position
- A country’s industrial output
- A country’s international economic activities
Correct Option: B
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year. GDP can be determined in three ways: the production (or output) approach, the income approach, or the expenditure approach.
