Question

    The contribution made by each sector of the economy to GDP is called what?

    A Structural composition Correct Answer Incorrect Answer
    B Nominal composition Correct Answer Incorrect Answer
    C Real GDP Correct Answer Incorrect Answer
    D Real composition Correct Answer Incorrect Answer

    Solution

    The structural composition of GDP refers to the distribution of economic activities across various sectors of the economy, such as agriculture, industry, and services. It provides insights into the relative importance of different sectors in generating economic output. 

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