CUET Economics 2025 27 May Shift 2Macro > Easy129.29 (approximately).149.29 (approximately).139.29 (approximately)159.29 (approximately).✅ Correct Option: 3Related questions:27 May Shift 2Which statements are true in terms of basic national income aggregates: (A) GNP at factor cost measures the value of output received by the factors of production belonging to a country in a year. (B) GDP is the market value of all intermediate goods and final goods and services produced within a domestic territory of a country measured in a year. (C) NDP at factor cost is the income earned by the factors in the form of wages, profits, rent, interest, etc., within the domestic territory of a country. (D) GDP at factor cost is gross domestic product at market prices, less net product taxes. Choose the correct answer from the options given below:29 May Shift 2It may be incorrect to treat GDP as an index of the welfare of the country for the following reasons. (A) Externalities. (B) Distribution of GDP is not uniform. (C) Monetary exchanges. (D) Non-monetary exchanges. Choose the correct answer from the options given below:13 May Shift 1The index of prices of a given basket of commodities which are bought by the representative consumer is known as :