All the goods and services produced in a country in a year plus other sources of income for example foreign exchange earnings, foreign aid, foreign remittance, loans etc are called ?

Related Mcqs:

A market in which money of one nation can be used to purchase the money of other nation is called____________________?

A. Money market B. International market C. Foreign exchange market D. All of these...

Labour force engage in Agriculture in economically developed nations ?

A. 5% B. 10% C. 15% D. 2%...

The payment for the use of borrowed funds _____________?

A. Interest B. Loan C. Both D. None...

Noble prize of Economics in 1979 was awarded to________________?

A. W. Arthur Lewis B. Theodore Schultz C. Both a and b D. None...

The part of the urban economy of LDC’s characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?

A. Formal sector B. Informal sector C. Formal finance D. Informal finance...