The gross domestic product of a country is defined as the total a. output of goods and services sold in the country during a year b. output of goods and services consumed in the country during the year c. market value of all goods and services sold in the country during the year d. market value of all final goods and services in the country during the year

History · High School · Sun Jan 24 2021

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The gross domestic product (GDP) of a country is defined as the total

d. market value of all final goods and services produced in the country during a year.

  • It includes all of the products and services that are produced by the country's economy and then sold or traded, without double counting items that are used to produce other goods and services (intermediate goods).