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Q: The gross domestic product is the value of all goods and services produced in a country during a given year.?
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The value of all of the goods and services produced in a country is called the?

gross domestic product? i think.


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


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.


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

gross domestic product


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

Gross domestic product - GDP


What is GPD in economics?

GDP stands for Gross Domestic Product. It's the sum of all goods and services produced in a country.


What is the total value of all goods and services produced in and out of a country in a year called?

Gross Domestic Product (GDP)


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.


Explain why the GNP and GDP are different?

A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.Remember, GDP concern is BORDER, whereas GNP concern is PRODUCER.Read more at : http://financenmoney.in/the-key-indicators-of-economic-growth-gdp-gross-domestic-product-and-gnpgross-national-product/


What is the term term for the total value of all goods and services produced in a particular economy?

Gross Domestic Product... (:


The total value of all the goods and services produced by a country in a year is its?

gross nation prod


What is the value of all the goods and services produced in a country called?

It's called GDP or Gross Domestic Product. At times you can also see it as GDI which is Gross Domestic Income.