CUET Economics - Which of the following are correct statements regarding Gross Domestic Product (GDP)? (A) GDP is a measure of the welfare of a country. (B) Real GDP is measured at current market prices. (C) Expenditure method estimate =Income Method estimate =Product Method estimate=GDP of a country. (D) Gross National Product at factor cost = GDP_MP + Net factor income from abroad. Choose the correct answer from the options given below: 1. (A), (B) and (D) only 2. (A), (B) and (C) only 3. (A), (B), (C) and (D) 4. (B), (C) and (D) only | PYQs + Solutions