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SSC CGL 2019 PYQ — Question 32

SSC CGL - 13th June 2019 - Shift 1 • General Awareness • Q32

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What is the economic impact of increase in productivity of firms?

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Correct answer: B

Explanation

The correct answer is option 2, i.e. Increase in Gross Domestic Product.  

What is the economic impact of increase in productivity of firms? 

Increase in Gross Domestic Product  

Gross Domestic Product:- 
  • Gross Domestic Product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
  • As a broad measure of overall domestic production, it functions as a comprehensive scorecard of the country's economic health.