To Calculate GDP

Multiple Choice

To calculate GDP:

A) add the quantity of all final goods and services produced in an economy in a year.
B) add the quantity of all goods and services sold in an economy in a year.
C) weight the output of each final good and service produced in an economy in a year by its price in that year and then total the result.
D) weight the output of each good and service produced in an economy in a year by its price in that year and then total the result.