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What is the total dollar value of all final goods and services produced each year in a country?
Wiki User
∙ 6y ago
gross national product
Wiki User
∙ 14y ago
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The dollar value of all final goods and services produced within a country's borders in a given year?
GDP
What term do economists use to describe the dollar value of all final goods and services produced within a country's borders in a given year?
gross domestic product, or GDP
What is the total dollar value of all final goods and services produced in America during one year called?
Gross Domestic Product (GDP)
The dollar value of all final goods and services and the most comprehensive measure of a country's total production value is?
(GDP) Gross Domestic Product.
Which of these methods calculates the market value of all final goods and services produced within a country's borders in a given year?
Gross Domestic Product
The dollar value of all final goods and services produced within a country's borders in a given year?
GDP
What term do economists use to describe the dollar value of all final goods and services produced within a country's borders in a given year?
gross domestic product, or GDP
What is represented by a country's GPD?
A country's GDP represents the total value of all final goods and services produced within that country during the course of a year.
What is the total dollar value of all final goods and services produced in America during one year called?
Gross Domestic Product (GDP)
The dollar value of all final goods and services and the most comprehensive measure of a country's total production value is?
(GDP) Gross Domestic Product.
Which of these methods calculates the market value of all final goods and services produced within a country's borders in a given year?
Gross Domestic Product
Which of these describes the Gross Domestic Product?
GDP is the market value of all final goods and services produced within a country's borders in a given year.
Which statement most accurately describes the Gross Domestic Product?
The total value of all goods and services produced in a nation in one year
What is the GDP rate?
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a given period.
What does GDP tell us about a country's economy?
GDP tells us about our country's economy by telling us the total money value of all final goods and services that is produced in an economy over a period of time.
What is the contribution of services to GDP?
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country's economy. It is the total value of all final goods and services produced in a particular economy; the dollar value of all goods and services produced within a country's borders in a given year.The most common approach to measuring and quantifying GDP is the expenditure method: GDP = consumption +gross investment + government spending + (exports − imports), Services would come under both consumption and exports. consumption would have the services offered to the local people and exports would have the services exported to other nations.
What exactly does a countries Gross Domestic Product mean?
Is the market value of all officially recognized final goods and services produced within a country in a given period of time.
