Which of the Following Is True About Economic Development of a Nation

Multiple Choice

Which of the following is true about economic development of a nation?

A) The purchasing power parity is a poor indicator of a people's total well-being.
B) GDP is a larger figure and includes a nation's income generated from exports, imports, and international operations.
C) Illegal activities such as gambling and black market transactions are considered in GDP and GNP.
D) Using gross product figures to compare production across countries accounts for different cost of living in each country.