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Q: Which term refers to the total value of all goods and services produced within a given period by a national economy?
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What is net domestic product at market price?

Net National Product is the sum of total final goods produced by an economy in certain time period that is one year ,minus the total capital money incurred for the production of total final goods in an economy for the time period of one year.


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 total market value of all goods and services produced in a nation during a given period usually a year?

Gross national product


Define national income and various concept of national income?

National income is the monetary value of all goods and services produced by nationals of a country for participating in productive activities in a period usually a 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


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 net product?

Net National Product is the sum of total final goods produced by an economy in certain time period that is one year ,minus the total capital money incurred for the production of total final goods in an economy for the time period of one year.


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.


How national income is calculate?

It is the total value of all the goods and services produced within a country plus income coming from abroad in a particular time period


What is national income accounting in economics?

is the measurement of the flows of output (goods and services) of an output (factors of production) that pass through the market in an economy during a specific period


what 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.