Multiple Choice
GNP is the:
A) aggregate output of the citizens and businesses of an economy in a one-year period.
B) aggregate final output of the citizens and businesses of an economy in a one-year period.
C) total market value of all goods and services produced in an economy in a one-year period.
D) total market value of all final goods and services produced in an economy in a one-year period.
Correct Answer:
Verified
Correct Answer:
Verified
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