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Gross domestic product - GDP

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Q: What is the total value of goods and services produced in a country during a given priod?
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Related questions

What is the answer to The gross domestic product is the?

total value of all goods and services produced in a country in a given year


The dollar value of all final goods and services produced within a country's borders in a given year?

GDP


Which term describes the total value of goods and services produced in a country in a given year?

gross domestic product


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


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.


The total amount of goods and services plus money and gold that flow into and out of a country during a given period make up the country's?

Balance of payments


The total amount of goods and services plus money and gold that flow into and out of a country during a given period make up the country's .?

Balance of payments


What is nominal national income?

National income is defined as the total value of all the goods and services produced within a country plus income coming from abroad in a particular time period usually 1 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 total market value of all goods ad services produced in a nation during a given period usually a year?

Gross national product