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Question
Gross Domestic Product is best defined as
A) the total market value of all final goods and services produced during a year by factors of production located within a nationʹs borders.
B) the total market value of all intermediate goods and services produced during a year by factors of production located within a nationʹs borders.
C) the value added to all goods produced in an economy during a year.
D) the total market value of all final goods and services that exist in an economy at a given point in time.
Answer
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Related questions
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