Which of the following two aspects does the GDP of a country measure?

Earning per person

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Size of the economy

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Total expenditure of people

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Economic development of the country

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Solution

The correct option is D Economic development of the country
GDP is a measure of national income. It calculates the value of goods and services produced in a country. Thus, it measures the aspects like the size of the economy and the economic development of the country.

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Which of the following two aspects does the GDP of a country measure?

The correct option is D Economic development of the countryGDP is a measure of national income. It calculates the value of goods and services produced in a country. Thus, it measures the aspects like the size of the economy and the economic development of the country.

The correct option is D Economic development of the country
GDP is a measure of national income. It calculates the value of goods and services produced in a country. Thus, it measures the aspects like the size of the economy and the economic development of the country.