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Economics miscellaneous

  1. Gross National Product means
    1. gross value of finished goods
    2. money values of the total national production for any given period
    3. gross value of raw materials and semi-finished products
    4. money value of inputs and outputs
Correct Option: B

Gross national product (GNP) is the market/monetary value of all products and services produced in one year by labour and property supplied by the residents of a country.



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