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What is the total value of all goods and services produced in and out of a country in a year called?
Wiki User
∙ 11y ago
Gross Domestic Product
(GDP)
Jettie Ryan
Wiki User
∙ 14y agoThe total value of all goods and services produded by a nation in a year is called the Gross National Product or Gross Domestic Product of that country. We'll sometimes use GNP or GDP in place of the (respective) terms. Links to related questions and articles can be found below.
Wiki User
∙ 6y agoGross National Product (GNP) or Gross Domestic Product (GDP). Both basically try to evaluate and measure the value in the market of all goods and services produced for final sale in an economy.
Wiki User
∙ 12y agoThe total off all goods and services produced in a given time period is called the Gross Domestic Product or GDP.
Wiki User
∙ 11y agoGDP or Gross Domestic Product
Wiki User
∙ 11y agoGNP - Gross National Product.
Anonymous
The measurement of the total value of all goods and services produced in a country is known as
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The total value of all goods and services produced in a country in called what?
it is called gross domestic products
The value of all of the goods and services produced in a country is called the?
gross domestic product? i think.
What is the measure of all goods and services produced by a country in a year?
The measure of all goods and services product by a country in a year is called "gross domestic product" which is often abbreviated GDP. I think it is called gross national product but I could be wrong.
What is the value of the goods and services produced by an economy is called?
Gross National Product (GNP) is a measure of a country's economic performance.
What term indicates the exchange of goods and services within a single country?
The exchange of goods and services within a single country is called domestic trade.
The total value of all goods and services produced in a country in called what?
it is called gross domestic products
The value of all of the goods and services produced in a country is called the?
gross domestic product? i think.
What are goods and services produced outside of the country in which they are sold?
imports
What is the measure of all goods and services produced by a country in a year?
The measure of all goods and services product by a country in a year is called "gross domestic product" which is often abbreviated GDP. I think it is called gross national product but I could be wrong.
What is the value of the goods and services produced by an economy is called?
Gross National Product (GNP) is a measure of a country's economic performance.
What term indicates the exchange of goods and services within a single country?
The exchange of goods and services within a single country is called domestic trade.
What determines what goods and services are produced?
Consumers determines what goods and services are produced.
What is the total value of all goods and services produced in a year called?
Gross product. If counting one produced inside a country then Gross Domestic Product GDP.
What are the four fundamental economic questions?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
What three questions define the economy of a society?
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?
