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Which of the Following Statements About Gross National Product Is

Question 66

Multiple Choice

Which of the following statements about gross national product is correct? It measures the market value of


A) all goods and services, both final and intermediate, produced by resources located within a nation regardless of who owns those resources.
B) all goods and services, both final and intermediate, produced by residents and firms regardless of the location of production.
C) all final goods and services produced by residents and firms of a nation regardless of the location of production.
D) all final goods and services produced by resources located within a nation regardless of who owns those resources.

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