Gross domestic product in the economy is measured by the:

Question

Quizplus · Accepted Answer

GDP is the market value of all final goods and services produced within a country in a given period of time (usually a year). Therefore, the best choice is B, which refers to the market value of all final goods and services produced in the economy. Choices A, C, and D are incorrect because they do not take into account the market value of final goods and services, which is a crucial component of GDP measurement.

Gross Domestic Product in the Economy Is Measured by The