JAMB Economics 2017 Objective — Question 25

Question 25 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2017 Objective paper, with the correct answer and a full explanation.

The production within domestic territory of a country is called the

A. net national product
B. gross-domestic productCorrect
C. net income
D. disposable income

Explanation

Gross-domestic product measures the total value of goods/services produced within a country's domestic territory.

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