Indian Institute of Foreign Trade 2018 Solved Paper

Question : 72 of 114

Marks: +1, -0

What is the author's opinion regarding GDP as a measure for economic performance of a country?

GDP is the yardstick for measuring economic growth of a country
GDP provides policy makers with definitive steps to be taken for improving economic performance
GDP provides accurate but incomplete information of an economy at a single point of time
GDP is the only reliable measure that can be used for framing economic policy

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