The value, at current market prices, of the final goods and services produced during a particular period is:

Question

Quizplus · Accepted Answer

The value at current market prices of the final goods and services produced within a country during a particular period is known as Gross Domestic Product (GDP). Therefore, D is the correct answer. A refers to the total value of goods and services produced by a country's citizens and companies, including those produced abroad. B is not a standard economic term, and C refers to GDP minus the depreciation of capital goods.

The Value, at Current Market Prices, of the Final Goods