GDP is the market value of all ______ goods and services produced within an economy in a given period.
A) used
B) intermediate
C) consumer
D) final

Question

Quizplus · Accepted Answer

GDP only takes into account the market value of final goods and services produced in an economy in a given period, not intermediate goods or those that are used up in the production process. Therefore, the best choice is D - final.

GDP Is the Market Value of All ______ Goods and Services