_____________ refers to the way total output, income or wealth is distributed among the factors of production.
Production
Distribution
Consumption
None of these
Full form of GDP.
Gross Domestic Price
Gross Demand Price
Gross Domestic Product
Gross Development Price
Who is the provider of goods or services?
Seller
Consumer
Producer
The word statistics is used in ___________ distinct senses.
Two
Three
Four
_____________ is a person or organization that produce goods or services for sale.
Purchase of goods by consumers to satisfy their various needs is ____________.
The act of making goods and services is called ____________.
Statistics deals with __________.
Collection of data
Factors of production
Both 1 & 2
Statistics plays a vital role in ___________.
Data
Decision making
____________ is the process through which human wants are satisfied.