Which of the following is not a problem in comparing developed and developing countries’ GNP?

A GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods

B The economic contribution of a housewife in a peasant family may not be measured in GNP in poor country.

C GNP is understated for developing countries since many of their labor-intensive good have no impact on exchange rate since they are not traded.

D GNP is overstated for countries where the price of foreign exchange is less than market clearing price.

Answer & Explanation
Answer: Option [A]

Article and Schedule Quiz	Start Test!

Take Mock Tests

Missiles Mock Test	Start Test!
SSC MTS Mock Test	Start Test
IBPS CLERK MOCK TEST	Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH)	Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi)	Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH)	Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH)	Start Test!
IB Security Assistant Mock test 1 (english)	Start Test!
UP POLICE CONSTABLE MOCK TEST 1	Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI)	Start Test!