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What is the relationship between GSDP and State Income?

AThey are completely different concepts.

BThey are generally used interchangeably to refer to the same concept.

CGSDP is a component of State Income.

DState Income is a component of GSDP.

Answer:

B. They are generally used interchangeably to refer to the same concept.

Read Explanation:

  • GSDP is often referred to as State Income.


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