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Which term describes the total value of goods and services produced in a country in a given year?
Wiki User
∙ 13y ago
gross domestic product
Wiki User
∙ 13y ago
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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 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 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
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
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.
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 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 goods and services produced in a country during a given priod?
Gross domestic product - GDP
The dollar value of all final goods and services produced within a country's borders in a given year?
GDP
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
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 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 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
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.
What is the role of productivity in a market economy?
amount of goods and services produced in a given amount of time
What is the total value of goods and services produced in a given period of time called?
aggregate production
