Multiple Choice
Gross national product is
A) the total amount of income received by the factors of production in the economy.
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 market value of all final goods and services produced within a given period by factors of production located within a country.
Correct Answer:
Verified
Correct Answer:
Verified
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