Q What is Gross Domestic Product?


A. The total value of goods and services manufactured in the country.
B. The total value of all the transactions in the country.
C. The reduction in the total value of goods and services produced in the country.
D. The monetary value of all finished goods and services made within a country during a specific period.

Correct Answer: D

Explanation:
GDP measures the monetary value of all finished goods and services produced within a country`s borders in a given period.

Economics - GDP Account Ast. 2024 Report Error

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