Nominal gross national product is defined as:
A) the value of all goods and services produced by an economy's citizens,regardless of where they live,over a period of time,at current prices.
B) the value of all goods and services produced by an economy,within its borders over a period of time,at current prices.
C) the value of all goods produced by an economy,within its borders,over a period of time,at current prices.
D) the value of all goods and services produced by an economy,within its borders,over a period of time,at base-year prices.
E) the value of all goods produced by an economy,within its borders,over a period of time,at base-year prices.
Correct Answer:
Verified
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