Which of the following is a part of Domestic product of India?(A) Gifts given by employer to his employees(B) Profits earned by branches of country's bank in other countries(C) Profits earned by foreign companies in India(D) Purchase of goods by foreign touristsChoose the correct answer from the options given below:

Assuming that the United States is the domestic economy, ________ are goods and services produced by ________ and purchased by ________.Question 15Answera.imports; foreign countries; the United Statesb.exports; foreign countries; the United Statesc.imports; foreign countries; foreign countriesd.exports; the United States; the United States

Calculate (a) Net National Product at market price, and (b) Gross Domestic Product at factorcost: (6)S. No. Particulars Amount (in ₹ crores)(i) Rent and Interest 6,000(ii) Wages and Salaries 1,800(iii) Undistributed profit 400(iv) Net Indirect taxes 100(v) Subsidies 20(vi) Corporation tax 120(vii) Net factor income to abroad 70(viii) Dividends 80(ix) Consumption of fixed capital 50(x) Social Security contribution by 200employers200(xi) Mixed income 1,000

b. Gross domestic product does not include the value of the stocks and bonds bought and sold because these transactions are considered multiple choice 2economic investment, but should be counted as production of final goods and services.economic investment, and should not be counted as production of final goods and services.consumption expenditures, and should not be counted as production of final goods and services.consumption expenditures, but should be counted as production of final goods and services.

Gross domestic product can be described as Blank______.Multiple choice question.an increase in output or an expansion of production possibilitiesthe total market value of all final goods and services imported by a nation in a given time periodthe total market value of all intermediate goods and services produced within a nation's borders in a given time periodthe total market value of all final goods and services produced within a nation's borders in a given time period

Multiple Choice QuestionFor the United States, importing involves the purchase of goods and services from foreign sources while exporting involves ______.Multiple choice question.selling domestically-made products to U.S. consumersbuying merchandise that has been produced overseasbuying products from foreign marketsselling goods and services to foreign markets