Question

    The total market value of all final goods and services

    produced in a country in a given year is known as ……………………….
    A GDP Correct Answer Incorrect Answer
    B GNP Correct Answer Incorrect Answer
    C NNP Correct Answer Incorrect Answer
    D Both a and c Correct Answer Incorrect Answer

    Solution

    the total market value of all final goods and services produced in a country in a given year is known as Gross Domestic Product (GDP).

    Practice Next