Gross domestic product (GDP)is

Question

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Gross domestic product (GDP) is defined as the total value of all final goods and services produced for the marketplace during a given period, within a nation's borders. Option A includes all goods and services produced, including intermediate goods, whereas GDP only considers final goods and services. Option B includes all goods and services produced by a nation's citizens and businesses, both within a nation's borders and abroad, whereas GDP only considers goods and services produced within a nation's borders. Option D includes all goods and services produced by a nation's citizens and businesses, but does not specify within a nation's borders. Option E includes inputs, which are not final goods and services, and therefore, not included in the calculation of GDP.

Gross Domestic Product (GDP)is