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WAEC Economics 2019 Question 31

Question 31

National Income

The total value of goods and services produced within the borders of a country is

  1. A.net national product.
  2. B.net domestic product.
  3. C.gross domestic product.
  4. D.gross national product.
Show the answer and explanation

Answer: C (gross domestic product.)

Explanation

GDP measures output produced within a country's borders.