Economics · Oct / Nov 2022 · Paper 13 · Question 20
2281Economic growth
How does a country usually measure its Gross Domestic Product?
- Aby calculating the total value of all goods and services produced within the economy
- Bby measuring the average prices of a basket of goods and services throughout the country
- Cby subtracting government expenditure from government revenue
- Dby surveying the number of people who are out of work but willing and able to work
As printed in the paper
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Correct answer: A. by calculating the total value of all goods and services produced within the economy
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