All goods and services produced in a country in one year are called its__________________?

Related Mcqs:

“Wealth of nations” was written by_________________?

A. Lewis B. Rostow C. Keynes D. Adam Smith...

Allocative efficiency is__________________?

A. Producing all output combinations in least costly way B. Producing the specific output mix most desired by society C. Producing the desired things D. None...

People both rural and urban who are working less than they could___________________?

A. Under employment B. Open employment C. Partial employment D. None...

The use of the resources of an individual or firm, a region, or a nation to produce one or a few goods and services ?

A. Specialization B. speculation C. Fly over D. Capital flight...

Excess utility over price derived by the consumers because of negative sloping demand curve ?

A. Producer surplus B. Consumer surplus C. Marginal utility D. Demand surplus...