Question 22 of 25
Q.Economic growth of a country is measured by national income indicated by .....
(a) GNP
(b) GDP
(c) NNP
(d) Per capita income
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2026MCQ· 1mImportance★★★★★
88% · 22/25 Questions
You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.
Start your 14-day free trial to unlock the full solution →Economic growth is measured by national income, indicated by GNP — option (a).
Economic growth is a quantitative concept: it means a sustained increase in a country's real output and income over a long period. To measure it we use a national-income aggregate, and the broadest such aggregate is Gross National Product (GNP) — the total value of final goods and services produced by the country's residents (including net factor income from abroad).
…
Unlock everything free for 14 days
- Full step-by-step solutions
- Concept-first explanations
- Methods, shortcuts & mistakes
- PYQ mapping + timed mock tests
Full access for 14 days. No credit card required.