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What is the total value of all goods and services produced in a given period of time?
Wiki User
∙ 14y ago
Aggregate production
-travis bradshaw
-dyersburg tn
Wiki User
∙ 14y ago
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What is the total value of goods and services produced in a given period of time called?
aggregate production
What is the total value of all goods services produced in a given period of time called?
aggregate production
What is total product in economics?
Total product in economics is all the goods and services produced by a business during a given period of time with a given amount of input.
What is the total market value of all goods and services produced in a nation during a given period usually a year?
Gross national product
What is the total retailed market value of all goods services produced in a nation during a given period usually a year?
Gross National Product
What is the total retail market values of all goods and services produced in a nation during a given period usually a year?
gross national product
What is the total market value of all goods ad services produced in a nation during a given period usually a year?
Gross national product
What determines what goods and services are produced?
Consumers determines what goods and services are produced.
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 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 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.
What is the role of productivity in a market economy?
amount of goods and services produced in a given amount of time
