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

GDP


What is gross state product?

the total of all final goods and services produced within the borders of governmental units in the United States


Description of the Gross State Product?

the total of all final goods and services produced within the borders of governmental units in the united states


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 countrys borders Utah?

No countries border Utah, it is entirely within the USA


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.


What is Brazil' s borders?

The Brazil don´t make borders with 2 countrys only Chile and Equador. The another contrys in South America Brazil have borders: Argentina Uruguay Paraguay Bolivia Colombia Guiana Guiana Francesa Suriname Venezuela


What gross product includes the goods and services produced by purchases from foreign firms?

Gross Domestic Product (GDP) includes the total value of all goods and services produced within a country's borders, regardless of whether they are produced by domestic or foreign firms. However, when considering the contributions of foreign firms specifically, Gross National Product (GNP) accounts for the value of goods and services produced by a nation's residents, regardless of where they are located. Thus, goods and services produced by purchases from foreign firms are reflected in GDP but not directly in GNP.


What is the description of Gross domestic product?

the total retail market value of all the goods and services produced within a nation’s borders in a one-year span


What is the best description of the domestic product?

the total retail market value of all the goods and services produced within a nation’s borders in a one-year span


What is the best description of gross domestic product?

the total retail market value of all the goods and services produced within a nation’s borders in a one-year span


What term do economists use to describe the dollar value of all final goods and services produced within a country's borders in a given year?

gross domestic product, or GDP