Gross Domestic Product (GDP) Is

Multiple Choice

Gross domestic product (GDP) is

A) the total market value of all final goods and services produced within a given period by factors of production located within a country.
B) a nation's total product minus what is required to maintain the value of its capital stock.
C) the total market value of all final goods and services produced within a given period by factors of production owned by a country's citizens, regardless of where output is produced.
D) the total amount of income earned by the factors of production in the economy.