Question

Which of the following sectors is typically included in the calculation of GSDP?

• A. Agriculture
• B. Industry
• C. Services
• D. All of the above

Answer 1

Answer:

D. All of the above

• The calculation of GSDP, similar to GDP, is based on the output of all three major sectors of the economy:

• The primary sector (agriculture, mining, fishing)

• The secondary sector (manufacturing, construction)

• The tertiary sector (services, trade, transport).