GDP is the market value of all final goods and services produced within a country in a given period of time. This excludes intermediate goods and services, as well as goods and services produced by citizens of the country but outside of its borders.

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GDP Is Defined as

Question 92

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GDP is defined as

A) the market value of all goods and services produced within a country in a given period of time.
B) the market value of all goods and services produced by the citizens of a country,regardless of where they are living,in a given period of time.
C) the market value of all final goods and services produced within a country in a given period of time.
D) the market value of all final goods and services produced by the citizens of a country,regardless of where they are living,in a given period of time.

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