What is Gross Domestic Product (GDP)?

Practice Questions

Q1
What is Gross Domestic Product (GDP)?
  1. The total value of all final goods and services produced within a country
  2. The total income earned by residents of a country
  3. The total value of exports minus imports
  4. The total government spending in a year

Questions & Step-by-Step Solutions

What is Gross Domestic Product (GDP)?
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