Multiple choice

Which is the best measure of economic growth of a country?

  1. GDP

  2. GNP

  3. Net Revenue

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

GNP (Gross National Product) is considered the best measure of economic growth because it includes net factor income from abroad (remittances, profits from foreign investments, etc.), giving a more complete picture of a nation's economic welfare. GDP only measures domestic production. Net revenue and tax revenue are fiscal indicators, not comprehensive growth measures.

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