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What Is the Gross Domestic Product (GDP)of a Nation

Question 32

Multiple Choice

What is the gross domestic product (GDP) of a nation?


A) the dollar sum of all the goods and services produced in a nation in a year
B) the amount of goods and services that private markets cannot readily furnish in a year
C) the defense spending of a nation in a year
D) the taxes collected by a nation in a year

Correct Answer:

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