MCQ practice · SSC Bangladesh and Global Studies Board questions · Chapter 11: The Economic Indicators and the Nature of the Economy of Bangladesh
Production at industrial establishment X inside country A is carried on by local and foreign people. Which economic indicator is related to the idea here?
Think it through first, then pick an option.
- a gross national product
- b gross domestic product
- c per capita income
- d gross national income
Answer and explanation
Correct answer: b gross domestic product
GDP includes the production of local and foreign people inside the boundary.
Why the other options are wrong
- a gross national product: GNP counts only citizens' production; here foreigners' production inside the border is counted too.
- c per capita income: Per capita income is an average, not an indicator that counts the value of production.
- d gross national income: GNI is the citizens' income side; GDP counts everyone's production inside the border.
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