In the year 2017, the UAE GDP (gross domestic product) was estimated to be approximately 1422 billion

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In the year 2017, the UAE GDP (gross domestic product) was estimated to be approximately 1422 billion Dirhams. How did the UAE Economists at the Ministry of Economy estimate this GDP figure?

a) By just guessing the amount of GDP

b) By taking the estimate from the world bank and the other international statistics

c) By using the quantity of production in that year and the market price of the goods and services

d) It is difficult to know how they have estimated.

e) All of the above except d

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118983270

7th edition

Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith

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Posted Date: Feb 04, 2024 01:10 AM

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In the year 2017, the UAE GDP (gross domestic product) was estimated to be approximately 1422 billion

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Government and Not for Profit Accounting Concepts and Practices

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