Question

What is the main purpose of State Income data, also known as GSDP?

• A. To calculate a state's population.
• B. To track a state's political stability.
• C. To measure the economic performance of a state.
• D. Formulate targeted economic development policies

Answer 1

Answer:

C. To measure the economic performance of a state.

• "The main activity of GSDP is to quantify the economic performance of a state by considering its production, consumption, and income generation activities."