_____________ is a person or organization that produce goods or services for sale.
Producer
Consumer
Seller
None of these
In the ___________ sense, statistics means the science of collecting,classifying and using statistics or a statistical fact.
Singular
Plural
Both 1 & 2
In the _____________ sense, statistics means numerical facts systematically collected.
Full form of GDP.
Gross Domestic Price
Gross Demand Price
Gross Domestic Product
Gross Development Price
Who is the provider of goods or services?
_____________ refers to the market value of all final goods and services produced in a country in a given period.
GDP
NDP
National Income
Personal Income
____________ involves collection and organization of data.
Economics
Policies
Statistics
Variables
Purchase of goods by consumers to satisfy their various needs is ____________.
Production
Consumption
Distribution
Division of the national income into wages, profits, rent and interest is ____________.
Demand
The ___________ is the one who consumes the goods and services produced.